Debt recovery during the Covid – 19 Pandemic

Debt recovery during the Covid – 19 Pandemic

With many businesses struggling financially as a result of the coronavirus, creditors are being encouraged to work with debtors and show forbearance to agree mutually acceptable payment arrangements. The pandemic has disrupted businesses and placed them under financial pressure. Maximising debt collection will be many businesses’ priority to secure their interest but also as a…

LRC Celebrate 18 Years Of Trading

Leading debt recovery and litigation specialists Legal Recoveries and Collections Ltd (LRC) who are based in Nottingham celebrate a significant milestone birthday of 18 years on 1st July. LRC was established in 2002 as the result of a MBO from one of the UK’s top international law firms. LRC are regulated by the SRA and…

What Is Utility Debt?

What Is Utility Debt?

Running into debt can be a regular theme in modern times, with the upkeep of homes being rather expensive. This can include your utilities bill, too. Utility debt can be built from missed payments on your homes essentials, like gas, energy and water. By doing so, these debts can build if put on the backburner,…

How debt collection agencies work

How Debt Collection Agencies Work

If you have defaulted on a credit card, a personal loan, or even a utility bill payment and have perhaps received a letter from a debt recovery agency, it might be worth familiarising yourself with these agencies and how they operate. This can help you figure out how best to work with them. Having clear…