Archived Legal Articles from 2017

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December

Who pays the price for commercial debt recovery claims?

14/12/17

If you are faced with the situation where you have to take one of your clients to Court to recover your unpaid invoices, then it helps to know the legal costs and potential recovery of those costs in bringing a claim. This include but are not limited to: · Court fees ·…

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August

Late payment of commercial debts: your legal rights

31/08/17

The late payment of invoices is one of the biggest problems businesses face according to BACS. In a 2017 study, the bank automated clearance scheme found that SMEs were collectively facing £14.2bn in late payments and commercial bad debts. While late payments from a customer can be difficult to…

How to prevent late paying invoices

24/08/17

Customers paying late is one of the biggest issues for the UK's SMEs. According to insurance company Zurich , the total 'late payment debt' for both large and small businesses in the UK now stands at £44.6 billion. It can be hard to avoid late payment, but there are some procedures you can…

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