This excerpt from the article "Understanding Debt Consolidation Loans" discusses the benefits and process of consolidating multiple debts into one single loan. The article explains that consolidating debts can simplify payments, lower interest rates, improve credit scores, and prevent harassment from collection agencies. The article also outlines the different types of debt consolidation loans and provides advice on factors to consider before obtaining one.

This excerpt from a blog post on "Corporate Debt Recovery" discusses statute-barred debt, which occurs when a creditor can no longer legally pursue a debt after a certain period. The text explains the concept, outlining the different types of debts that can become statute-barred, and the implications for both creditors and debtors. It explores the benefits of having a debt become statute-barred, including relief from court action and the ability to focus on rebuilding finances. The post concludes by advising readers on what to do if contacted about a statute-barred debt, emphasizing the importance of knowing one's rights and seeking legal counsel when necessary

This article from Corporate Debt Recovery Limited is a guide for businesses on how to politely request payment from clients. It covers various methods, including email templates, phone call scripts, and text messages, while emphasising the importance of maintaining professional relationships and fostering positive communication. The article also provides strategies for handling late payments, including the use of late fees and, in more serious cases, revoking access or seeking third-party help. Ultimately, the goal is to equip businesses with the tools they need to effectively manage their payment requests and maintain a healthy cash flow.

Source:corporatedebtrecovery.co.uk