Effective Credit Control and Debt Recovery

Effective Credit Control and Debt Recovery

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Poor credit control and bad debts are often responsible for undermining many a successful business, therefore it is important for businesses to ensure that they have an effective system in place for keeping credit risk to a minimum, while being aware of debt recovery procedures in the event of non-payment of invoices. This work is up-to-date with the most recent legislation. This title provides practical information on every aspects of this complex are including: how to create a credit policy; payment terms; collecting outstanding accounts; insolvency and bankruptcy procedures; company and credit legislation. A disk containg forms and letters is also included.show more

Product details

  • Mixed media product
  • Lexisnexis UK
  • Tolley Publishing
  • London, United Kingdom
  • 0754500748
  • 9780754500742

Table of contents

Part 1 Credit control: credit policy; credit assessment gaining information to support credit decisions and its uses; new business; organization of the sales ledger; training of staff and recruitment; computer accounting systems and monitoring of sales ledger; cash flow planning; consumer credit operations; exporting; security for commercial credit; collecting outstanding accounts; company and consumer legislation and codes of practice. Part 2 Debt recovery: the new civil procedure rules; starting the claim; the defended action; the small claims track; the fast track; the multi-track; applications in the course of action; costs; enforcement of a judgement; insolvency. Part 3 Useful names and addresses.show more