Blog entries by Darcey Quigley & Co

  1. [IMG] This is an age-old debate between the legal sector and commercial debt recovery which has been ongoing for years. Both approaches promise to recover debts however the approach, timescales and costs vary considerably. We found that some companies will just automatically pass their debt to...
  2. [IMG] It is safe to say that many of us spared a thought yesterday for the 40,000 Carillion staff across the globe who look likely to lose their jobs and livelihood. The company announced that it was going into liquidation rather than administration, meaning that there is little value left in...
  3. [IMG] As we celebrate our 10 year anniversary this year we thought we would share 10 of the most Commonly Asked Questions by clients considering whether to use Pre-Litigation/Commercial Debt Recovery services. Q1: If I have a disputed debt, can you still help me recover the debt? A1: If a...
  4. [IMG] Is the art of conversation dead? We don’t think so. Today many debt recovery companies do not have any direct contact with your debtor, a letter through the door or an email are the most common ways to chase debt. However, this is not the best way. Telephone debt recovery is key to the...
  5. [IMG] Have you been given the sales pitch “Free Debt Collection?" Unfortunately, in the Pre-Litigation or Commercial Debt Recovery Industry, we see it far too often and it is not always true. Under the Late Payment of Commercial Debts (Interest), Act 1998 a creditor is entitled to interest,...
  6. When faced with late payers and outstanding debts, businesses have to make the choice whether to take legal action or instruct a debt recovery agency. Whilst both routes ultimately have the same aim, to recover the outstanding funds, the time taken and cost occurred vary greatly. In a previous...
  7. [IMG] Overdue/problematic accounts can cause a strain on your cash flow and the accounts department resources and can be costly to the business when you are unable to recover the outstanding commercial debt in-house and have to go down the legal route to recover. The good news is that Darcey...
  8. [IMG] There are many different “Debt Recovery” Companies out there, some offer consumer and/or commercial debt recovery and some operate in the UK and/or Internationally. However, the big question you are asking yourself is how do I know I am selecting the correct company to partner with my...
  9. Choosing the Correct Commercial Debt Recovery Partner When you hear “Debt Recovery” it automatically paints a picture in your mind, which is not always a good picture. Unfortunately, the industry has a very bad perception and stigma attached to it and in some cases this perception is...
  10. Commercial debt recovery is the right route Many often wonder, what is the best way to retrieve all my unpaid invoices? The answer is commercial debt recovery. This route eliminates time and money wasted chasing debtors when you could be concentrating on what really matters – your business....
  11. [IMG] Missed invoice deadlines cost you money and can threaten your business. The good news is, with a little know-how from Darcey Quigley, you can use the law to deter late payment and even have your costs covered. This is thanks to the Late Payment of Commercial Debts (Interest) Act 1998...