Debt Interest Payments in the Leeds UK
Debt Interest Payments; Are you in search of a reputable and professional debt recovery team who could assist your organisation with the retrieval of outstanding funds from unpaid invoices plus interest on top of the payments that were due by your business clients? Then look no further than the debt recovery specialists at Oakwood Solicitors as our professionals could use their vast knowledge and experience in this particular field to work on your behalf and secure the payment that you require of outstanding business debts as quickly and efficiently as possible.
If a commercial client is late in making payment on invoices for goods or services that they purchased from your company the highly skilled and experienced professionals at Oakwood Solicitors can help you recover the outstanding funds plus charge interest and compensation to the debtor.
The interest that can be charged to a commercial client is at 8% above the Bank of England base rate and this can be claimed on invoices that were not paid within the agreed credit period this only applies however if your contract does not contain a provision for interest on overdue invoices and is not a consumer credit agreement.
Compensation can be charged for each unpaid invoice ranging between £40 and £100 depending upon the invoice amount.
The interest and compensation can be claimed up to 6 years after the payment became overdue even if the original outstanding amount has now been settled.
Do you require the specialist services of debt collection professionals to aid your company in recouping outstanding funds that are owed by commercial customers who have yet to pay invoices along with interest on top of the outstanding payments? Then you should make a no obligation call to the experts at Oakwood Solicitors to discover how our highly skilled and results from professionals could use their expertise to help you obtain prompt payment using the most cost-effective course of action available in your particular case.
The commercial debt recovery specialists at Oakwood Solicitors were recently contacted by a client seeking assistance with the retrieval of outstanding funds of £585.60 from Mr B in Leicester.
The experience professionals at Oakwood Solicitors can also assist with the recovery of reasonable costs from the business debtor who failed to pay an invoice on time for the goods or services that were purchased from your company if the order was placed at 16 March 2013 and the amount of compensation being charged does not cover the debt recovery fees.
The dedicated debt recovery team at Oakwood Solicitors could provide fast tailor-made solutions to secure payment in full of the outstanding funds that are owed to your company by business clients plus interest on the balance of the late payments compensation and reasonable costs; so make a no obligation call for a free initial consultation with our helpful advisers today to discuss your debt recover requirements on: (0844) 847 2323.
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