Debt Recovery in Crewe & Cheshire
Bad debts have an impact on cashflow and can effect business performance. If your credit control procedures are failing then as one of the leading debt recovery solicitors in Cheshire we will be glad to see if we can assist.can be ignored, but as you show a willingness to allow invoices to go unpaid your customers may start to use you as a free credit facility.Any business has a right to be paid on time for the goods or services it has provided. If customers fail to pay we are here to chase the debt on your behalf. Your Choice for Debt Recovery in Crewe & CheshireWe will take a commercial approach keeping in mind at all times the importance of keeping costs within sensible limits dictated by the size of the debt.For a straightforward unpaid invoice we can write a solicitor’s letter to debtors for £20.00 plus Vat.Then there are occasions when you have to decide whether to take the next step and issue Court proceedings. Again, for straightforward, unpaid invoices, we have a fixed fee approach to issuing claims. We can provide more information about this if you decide to contact us. Our Approach as Debt Recovery Solicitors in CheshireWe believe in a pro-active approach and whilst some debts can be recovered with a letter or a phone call we will, where necessary, commence legal proceedings on your behalf with a claim for interest, costs and compensation. We will remind the debtor of the compensation due under Late Payment of Commercial Debts Regulations.
Once statutory interest begins to run in relation to a qualifying debt, the supplier becomes entitled to a fixed sum in addition to the statutory interest on the debt. That sum is:(a)for a debt less than £1000, the sum of £40;(b)for a debt of £1000 or more, but less than £10,000, the sum of £70;(c)for a debt of £10,000 or more, the sum of £100.Further compensation may be due under the 2013 regulations.This firm’s clients range from small businesses to large public companies across the North West but no job is too small. Being good in business is the most fascinating kind of art. Making money is art and working is art and good business is the best art.