Debtors who fail to pay invoices on time, or at all, are a problem for businesses in all sectors; they restrict vital cash flow and consume valuable time and resources, which could be put to better use generating new income for your business.
Efficient debt recovery is vital to the continuation of any business. Whatever the size of your business we can advise you as to the most appropriate method for recovery of your business debts. This guide explains the necessary steps towards debt recovery.
- Recovering What’s Owed
- Know Your Debtor
- Starting Court Proceedings
- Enforcing Your Judgment
- Issuing a Statutory Demand
- Starting Insolvency Proceedings
Please contact us if you have undisputed monies owing to you and require a Letter Before Action.