How to Deal with Debt Collectors.

As a business owner with outstanding debt, you may fear the dreaded knock on the door or call from a debt collection agency, or you may already have had court proceedings commenced against your business.

Struggling financially can be demoralising in and of itself, without the added pressure of how to deal with debt collectors. UK legislation mandates appropriate professional behaviour for debt collectors as monitored by the Financial Conduct Authority. Understanding the purpose and powers of debt collectors can help answer the question do I have to deal with a debt collection agency?

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