Considerations when outsourcing debt recovery

When the powers of the Small Business Commissioner are strengthened, it will hopefully change the culture of late paying prevalent in the UK, writes Phil Wilding, head of debt recovery at law firm Wright Hassall – but chasing unpaid invoices can be a drain on resources for the average SME. Seeking professional support will help, but not every company will be right for a business, and there is a number of considerations to bear in mind when selecting a debt recovery partner …
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