Plan, Protect, Recover - A guide to late payments

Together we are Forbes

Wednesday 09 September 2009, East Lancashire Chamber of Commerce, 8am - 10am

With continuous pressure on cash flow arising from the current economic climate, late payments are the last thing any business needs. In a recent survey by Chamber Members, it was highlighted that late payments still remain a big problem for many businesses.

late payment

The teams at Forbes Solicitors and The East Lancashire Chamber of Commerce have developed a short breakfast seminar to identify ways to effectively deal with late payments and highlight any areas that may require attention.

Topics covered will be:

8:00 Registration and breakfast
8:30 Introduction
8:35 Putting yourself in the best position when a late payment arises
  • Identifying the debtor
  • Offers of settlement
8:50 Planning for maximum recovery
  • Making your terms and conditions work for you
  • Price adjustment
  • Retention of Title
  • Late payment
  • Guarantees
9:10 Methods of recovering late payments
  • Insolvency
  • County Court proceedings
9:25 Enforcement
  • Information order
  • Seizure of goods
  • Charging order
  • Attachment of earnings
  • Third party debt order
  • Appointment of a receiver
9:45 Questions and close

If you have any queries, please contact ashleigh.harris@forbessolicitors.co.uk