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Everything you need to know about Debt Collection
We update our blogs with impartial and up to date information regularly. You can trust Redwood to provide you all the relevant help and advice on debt collection.
Featured Articles
The truth about debt collection and small businesses
01 March 2024
Find out why, as a small business owner, you shouldn’t be put off getting professional help to recover what you’re owed.
What is debt recovery?
01 November 2021
Managing debtors and chasing overdue payments can be a time-consuming business. If your finance team is over-stretched, it could be time to seek external debt recovery support.
Latest Articles
Five warning signs that a business is in financial trouble
09 November 2022
Any business can experience temporary cash flow problems. However, as a creditor, it's important for you to spot the difference between a customer that's going through a rough patch and one that could be going bust.
How do debt collection agencies communicate with debtors?
09 November 2022
Good communication is at the heart of the debt collection process. There's more to chasing an overdue debt than simply sending a statement of account and a reminder. Here's how a professional debt agency undertakes the debt collection process.
The cost of living crisis – it's time to take action on overdue debts
20 October 2022
Rising costs and interest rates are putting pressure on the finances of both businesses and individuals, increasing the risk of debts remaining unpaid. As a creditor, what can you do to give yourself the best chance of collecting the money you're owed?
When should a bad debt be written off?
11 October 2022
Are you thinking of writing off a bad debt? Before you say 'goodbye' to the money you're owed, it could be worth getting professional help and advice from a reputable debt collection agency.