Unpaid/Late Payments Guidance and Practical Steps

If you have overdue invoices (terms exceeding more than 30 days) from your clients or other businesses be aware of your options earlier in the process before your debtor’s credit quality deteriorates even further or before your debtor start disputing your claim by attempting to raise counterclaims.

This will naturally increase your level of anxiety, may affect your relationship with a defaulted debtor or other of your businesses or suppliers in your supply and distribution chain.

Understanding your options will help to prevent further deterioration of business and contractual relationship, will give you peace of mind and help you to communicate with your debtors in the most pragmatic, commercial and amicable manner within an agreed legal and contractual framework.

We can guide you to make the right choices to ensure that you have the best chance of recovering the debt, interest, damages, assist with refunds or payments of costs and expenses that you are owed, without appearing unethical, unprofessional or uncommercial.

Assumptions this service is based upon:

• This service is offered on the basis that your unpaid invoice was raised for the supply of legitimate goods or services under the business terms and conditions or other contracts (whether written or verbal) in effect at the time of delivery, supply, distribution or provisions of your services.
• If the issues are more complex (e.g. in addition to terms and conditions, you have other related contracts or counterclaims) or relate to more than one debtor, we will need to review instructions and the price.