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Are You Struggling with Pre-Action Protocol? We Can Help
It has now been more than a year since the Debt Pre-Action Protocol was rolled out to a less than enthusiastic reception from anyone who has had to chase debtors. The new rules meant that debt recovery was about to get a lot harder in cases where people have been able to exploit…
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Ways to Pay Solicitor Costs When Pursuing a Claim
If a client or customer stubbornly refuses to pay their debts, then you will have no option other than to take legal action but this will come with costs if you use a solicitor to work on a debt recovery case. Depending on your individual case, the following options may be available to…
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Is Your Client Too Big to Fail?
There is a certain amount of comfort to having larger business clients you tend not to get from dealing with smaller more volatile businesses. This often comes from the false belief that this sort of client is too big to fail. Unfortunately, this belief can be misplaced leading to complacency and lack of…
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Is It Time to Recover Those Historical Debts?
Most successful businesses will have to deal with write offs at some point and for some it can be a regular problem in every financial year. Write offs happen when a business simply writes off unpaid invoices because pursuing payments is seen as not being worth the effort or it will end up…
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Taking Your Client to Court Over Debts
Legal proceedings are not to be taken lightly and even more so when it comes to debt recovery and there are pros and cons to be considered when it comes to recovering the money a client owes you. To put it bluntly, taking your client to court is pretty much guaranteed to destroy…
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Don’t Give Up Chasing That International Business Debt
With all this talk of Brexit you can be forgiven for thinking anything involving international business is fraught with red tape and hostile foreign nationals out to get us. In some cases you may be right and it can be much more difficult to recover debts from customers abroad than here in the…
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Lack of Awareness Of Late Payment Law Could Be Costing You Money
Late paying customers are not only a nuisance, they can also cost your business more than the sums they owe. Fortunately there are laws to protect your business from late paying customers and it is worth reading up on them if you ever need to take advantage. So the first thing to do…