Commercial Rent Arrears Recovery (CRAR), a legal procedure in the UK that enables landlords to reclaim unpaid commercial rent. CRAR allows landlords to seize and sell a tenant's assets to recover outstanding rent, providing an alternative to costly and time-consuming legal action. The source outlines the conditions for using CRAR, the steps involved, the advantages and disadvantages for landlords, and tips for navigating the process effectively.

Source:corporatedebtrecovery.co.uk

Corporate Debt Recovery⁠ have partnered with The Debt Advice Service who are a family led business created to help people who are financially struggling. They are a friendly and non-judgmental team that genuinely care about their customers, which can be seen from their excellent rating on trust pilot.

Are you worried about…

Overdrafts

⁠Credit Card Debts⁠

Payday lenders

Doorstep lenders

Old phone or utilities contracts

Store card Debts

Catalogue Debts

Loans of any kind

Source:⁠corporatedebtrecovery.co.uk⁠

This blog post from Corporate Debt Recovery Limited discusses the importance of debtor tracing in the UK. The post explains that the process involves locating individuals or businesses who owe money to creditors, often using techniques to find their current addresses and contact details. The author argues that debtor tracing is crucial for businesses to recover unpaid debts, initiate legal proceedings, and protect their credit scores. The post also emphasises the importance of using professional debtor tracing agencies to ensure efficiency, ethical practices, and adherence to UK regulations.

Source: corporatedebtrecovery.co.uk