Debt Interest Payments Bradford

 In Debt Recovery Case Studies

Debt Interest Payments; Are you seeking expert assistance for outstanding debt recovery and interest from a commercial client who has defaulted on their payments to your organisation in Bradford? Then look no further than the dedicated debt recovery department at Oakwood Solicitors for a fast professional and reliable service to secure payment in full along with interest and compensation of the outstanding debt that is owed to you by commercial clients.

The government introduced legislation in November 1998 that allowed businesses are statutory right to claim interest from other businesses if outstanding commercial debt was paid late. This act was amended in 2002 to allow all business owners and managers to claim reasonable debt recovery costs and also benefit from the simplification of the calculation of Statutory Interest. In 2013 further amendments have also been made to the existing legislation that requires private businesses to pay within 60 days and public within 30 days. Additional fees are also allowed to be charged for recovery.

Do you require the specialist services of a dedicated debt collection team to retrieve outstanding funds plus interest from a business client who has failed to keep up with their payments of the money that they owe to your company in Bradford? The highly trained and experienced professionals at Oakwood Solicitors could use their expertise in the field of debt recovery to work on behalf of your organisation to recoup outstanding funds plus interest from a business client who has not paid the money that they owe you.

The experts at Oakwood Solicitors were recently contacted by a client who had been struggling to recover an outstanding debt of £2144.04 from Ms M in Aigburth.

Do you like the above-mentioned client require expert assistance to recoup outstanding funds that are to your organisation from a customer who has failed to pay for the goods or services that you have provided? Then don’t hesitate to get in touch with the skilled and highly driven professionals at Oakwood Solicitors for a swift and cost-effective service that you can rely upon to get the job done.

In many cases the initial Letter before Action or Late Payment Demand that is issued by our specialist solicitors proves to be extremely successful in securing payment in full with no need for further legal action to be pursued. However if court action is required and our experts can initiate this on your behalf and follow by commencing judgement and enforcement.

The dedicated debt recovery department at Oakwood Solicitors could help you obtain payment in full of the outstanding funds plus interest and compensation that is owed to your company by a business clients who has failed to make the payments they agreed with your company in Bradford following the purchase of goods or services; so make a no obligation call to our helpful advisers today for a free initial consultation to discuss your debt recovery requirements on: (0844) 847 2323.


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