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Your customer has paid but the liquidator wants the money back – what can you do?

Your customer has paid you but you now find they have gone into liquidation and the liquidators want the money back. Why? What can you do?

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HMRC as a preferential creditor in insolvency: what are the implications?

In the last budget, UK Chancellor Philip Hammond delivered a tax-focused budget announcing plans to make HMRC a preferential creditor in insolvency. It’s a move that comes with serious implications for UK business, most notably in reducing the chances of unsecured creditors being paid from insolvency.

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Our partnership with Woking FC

Woking FC took on Premier League side Watford in the FA Cup earlier this month, and as an advertising partner of the local club, Lovetts was on-hand to throw our full support behind the team. We’ve collected together some of the key messaging and images around the tie here.

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Lovetts featured in Surrey Chambers Business magazine

Lovetts Solicitors has been featured in the latest issue of the Surrey Chambers of Commerce magazine, in an article examining flexible working opportunities within the modern workplace.

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Take a sensible approach to legal support, with our Annual Subscription Advice Service

For those looking for ongoing legal advice at a low cost, the Lovetts Annual Subscription Advice Service (ASAS) offers a sensible approach. It’s an option that provides access to professional legal advice from our dedicated team of qualified solicitors all year round, and can help clients to prevent problems before they occur.

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Key Tips to Avoiding Payroll Overpayments

 

Overpayment of wages can be a difficult issue to deal with, not least because it places financial strain on both employer and employee.

 Such instances can be notoriously hard to correct historically and even when a professional solution is found it can still leave human headaches in place. Here, we look at 3 areas in which businesses can apply practical improvements to the payroll process and avoid overpayment issues before they occur.

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The benefits of implementing a ‘Two Supplier’ strategy

For many businesses, the idea of using a single outsourced supplier to assist with credit management remains a relatively new concept, let alone using two. But the ‘Two Supplier’ strategy can have significant benefits in creating choice and flexibility, improving quality, strengthening contingency plans and competitive pricing.

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Cassandra McCarthy speaks at Business Women in Surrey event

Cassandra McCarthy, Solicitor & Operations Director for Lovetts, this week spoke at a Business Women in Surrey (BWiS) event, as part of a panel discussing the topic ‘Change Works - How Flexible is YOUR company?’ Hosted at the Surrey Business School on the University of Surrey Campus in Guildford, the well-attended event attracted leading male and female business practitioners from a wide variety of industry sectors.

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How has the Pre-Action Protocol affected debt claims during the past 12 months?

The Pre-Action Protocol for debt claims was introduced in October 2017, amidst much debate within the industry around the potential strengths and weaknesses that this new legislation could bring. One year on we look back at some of the key changes that were implemented in the new protocol, and assess how they have impacted the industry.

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Lovetts partners with Woking FC

Lovetts Solicitors has become a trusted partner of Woking Football Club, displaying both a stand banner and a traditional advertising hoarding at the Club’s Kingfield Stadium in Surrey. In addition to displaying a ground presence, representatives from the firm will also be in attendance at a series of Woking events including fundraisers, and selected match days. 

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Debt recovery using the "Three Ps''

 As a business you are faced with many challenges on a day-to-day basis. Chasing up debts is one such challenge that many Credit Controllers, CFOs and even CEOs have to face.  The true challenge lies in ensuring the debtor pays without any court action having to be taken. In this article we will discuss how to recover debts using the ‘Three Ps' (Patience, Politeness, Persistence).

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Improving cash flow – five top tips for your business

All businesses rely on cash flow to survive. At Lovetts Solicitors we specialise in helping businesses recover debts. Here are our five Top Tips on enhancing recovery.

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