Articles Author Archive: Kevin Bishop

Parents these days are facing pressure to put their children into private education. With school fees, on average, more than £5,700 a term some parents struggle to make the payments.

One of the ways a creditor can exert pressure on a debtor to pay is by issuing a Statutory Demand, which is a formal, written demand for the payment of a debt.

It has been a while since I have put pen to paper. Things have been a bit hectic over the last year after Town and Country gained full authorisation from the Financial Conduct Authority back in August 2016.

According to the Office for National Statistics, by the year 2040, almost one in four of the people living in the UK will be over sixty-five years of age.

If you regularly do business with the Republic of Ireland or even if you have just started to do business there and you are a small firm, there is a chance you will have experienced late payment problems at some time.

Much has been written on this topic from the clients perspective, the financial difficulties of the bereaved parties. This article, however, is going to be about the effect of debt on the funeral industry itself and more specifically the plight of the independent funeral director.

You are owed money, and you can see no other option but to take legal action to have it returned. The question is, should you?

Before you go down this road, you really should ask yourself these questions.

On April 1st, 2014 the responsibility for regulating consumer credit was transferred from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA), the OFT was then closed. What does this mean?

When it comes to tarnished reputations, in the eyes of the general public, I think that it would be difficult to beat that of the Debt Collection Industry.

Mortgage arrears is the most common reason for repossessions. However, failure to pay secured loans, also known as second mortgages, can also result in repossession.

The relationship with valued customers can be close and emotional, Normally a long history of business coupled with personal interaction makes it very easy to forgive payment problems which would possibly never happen with 'newer' clients. If the organisation owed the debt is a small business, then this tends to be exacerbated.