News

Client Review

“Many thanks indeed for your help and support. Your website has enabled me to collect overdue payments by using the letters section. I don’t have many as all my work is recommendations but I have had to call in once and received very helpful information on a time delaying customer. He eventually paid at the […]

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Threat of insolvency offers fast debt recovery

As the cost of County Court action soars, credit management and debt collection company Daniels Silverman is advising small to medium sized enterprises (SMEs) to consider threatening insolvency as a means to recover debt. Daniels Silverman achieved a 90% resolution rate on behalf SMEs, between 2008 and 2010, in cases where Statutory Demands or 72 […]

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What every FD should know about debt

Chasing monies owed is a time-consuming business – but do not give up. Here in the UK, the weather takes the rap for everything. Bad retail figures? Blame it on the snow. The transport network collapses? Leaves on the track because it’s too windy. The bad weather was even blamed for an increase in the […]

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Measure to improve pre-pack sales – Yorkshire Post

The Government yesterday outlined proposals which it hopes will increase the “transparency” of pre-packaged sales of companies that have gone into administration. Edward Davey, the Minister for Employment Relations, Consumers and Postal Affairs at the Department for Business Innovation and Skills, said the biggest concerns about pre-pack sales related to cases where the business and […]

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Insolvency law not protecting creditors ‘burnt’ by phoenix companies

A recent insolvency survey among SMEs by leading commercial debt recovery company Daniels Silverman has found that a massive 96% of businesses believe that insolvent companies should not be allowed to escape debts by transferring assets to a new company, operating under the same directors and in a similar guise, under pre-pack administration  known as […]

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Review T&Cs to protect against payment disputes

Many small and medium sized enterprises (SMEs) are leaving themselves open to payment disputes because of ineffective terms and conditions (T&Cs). This significantly increases the likihood of a late payment becoming a bad debt. And with late payments and debt levels at an all time high SMEs cannot afford to ignore common pitfalls. By Carole […]

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