If you're reading this you're probably wondering how you're ever going to recover debts from unwilling debtors. Recovering commercial debts is never an easy step for many businesses to take because of how time consuming it usually is. This is why we have issued out a clear and easy steps to recovering your debts. After reading this, you will know the necessary steps to take when looking to recover your commercial debts.
Late payment is a common problem for all businesses such as accountancy firms, recruitment agencies and contractors.. Large companies aren't excused from urging businesses to pay suppliers on time and calling for small firms to pursue those who put them at risk by delaying this frustrating everyday occurrence either..Here we reveal the most common excuses for late invoice payments and how you can deal with them.
Businesses often wonder how effective a Letter Before Action (LBA) actually is compared to sending their own warning letters to their debtors. After reading this guide you will uncover the true reasons as to why LBAs are so effective
Alot of businesses are familiar with customers who simply dont pay their bills on time. There are many reasons why customers dont pay such as lost invoices, unexpected clauses they didn't read into to unexpected charges that the customer could not afford. Regardless of the reasons, as a business you need to be resilient in terms of receiving payments from individual debtors
Alot of businesses find themselves wondering why their debtors arent paying them on time. This article will outline 4 reasons why your debtor isn't paying you. We understand that with the ever changing economy, some business will go through tough phases in their financial year which could lead to invoices not being paid. However, theres usually underlying reasons as to why they dont pay you on time.
When looking to recover debt owed internationally, businesses never consider how difficult it is to recover money from a customer who is not only in a different time zone to you but also has different laws and customs to abide by. Its not as simple as putting on your best Liam Neeson impression on the phone to a debtor. Here are the steps to take when looking to recover a business debt internationally.
It is the largest business show in Europe hosted by many growing businesses in the UK . The show provides a great opportunity for businesses of all sizes to network with over 25,000 aspiring, developing and expanding companies. It provides the opportunity to sell your products and services to these highly targeted visitors on a face to face basis.
Debt recovery specialist Lovetts Solicitors have recently been featured in a new ITN productions programme titled ‘Credit Champions’. The film was commissioned in partnership with the Chartered Institute of Credit Management (CICM)and was introduced by national newsreader Natasha Kaplinsky. The programme promoting excellence in credit management and raising awareness of its vital role within the business community was unveiled at the recent Credit Summit event.
Lawyer Monthly, a corporate law based publication which boasts a broad global readership, has announced Lovetts Solicitors as the UK Debt Recovery Law Firm of the Year. This prestigious award is presented to a firm that has provided an outstanding service to their clients in the previous twelve months, not only through expertise and response to changing demand, but also with a dedication to innovate the sector they are in.