Late Payment Of Commercial Debts; Are you chasing late payment of commercial debts that are owed to your company in Manchester by business clients who have failed to pay for the goods or services that you have provided? Then don’t hesitate to get in touch with the highly trained and experienced professionals at Oakwood Solicitors for a fast and cost-effective service that you can rely upon to obtain payment in full of outstanding funds without damaging any business to business relationship that you have built up.
The experts at Oakwood Solicitors were recently contacted by a client who required assistance from our dedicated debt recovery team to pursue late payments from Ms C in County Durham who owed £525.60.
Are you seeking expert legal assistance to chase late payments from commercial clients who have failed to pay for goods or services that your company has provided? Then don’t hesitate to get in touch with our experienced legal personnel to discover how they could use their expertise in the field of debt recovery to obtain payment in full on behalf of your organisation from business debtors.
Do you require the specialist services of a dedicated debt recovery team to assist you with the collection of late payment of commercial debts from business clients in Manchester who have yet to pay the money that they no to your company? Then you should make a no obligation call to the extremely dedicated commercial debt recovery team at Oakwood Solicitors for expert advice and legal professionals who could work on your behalf to ensure payment in full is secured as quickly and efficiently as possible.
The simplest and most cost-effective debt recovery solution that is employed by our experienced professionals is to issue a Letter of Action or Late Payment Demand to the commercial client who has defaulted on an agreement or neglected to pay invoices that you have issued.
A Late Payment Demand is issued as an alternative to a Letter of Action and allows interesting compensation to be charged in addition to the outstanding balance in case the qualify. Interest can be challenged at up to 8% above the Bank of England base rate with compensation of between £40 and £100 each unpaid invoice depending upon the size of the debt. This cannot be charged in cases that involve a consumer credit agreement or when a provision has been made to interest on late payments in your initial agreement.
The highly skilled and resourceful team of legal professionals at Oakwood Solicitors could use their vast expertise in the field of debt recovery to assist your company with the collection of the late payment of commercial debts of outstanding funds that are owed to you by customers in Manchester; so make a no obligation call to our helpful advisers today to discuss your debt recovery requirements in a free initial consultation on: (0844) 847 2323.
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