All businesses are owed money, but when clients or customers can’t or won’t pay, it not only causes cash-flow problems – it can threaten your profits and even your ability to keep trading.
In an ideal world, you need to ensure that your debt is given priority and paid before you have to resort to legal proceedings. This is important if you want to retain their custom.
Our lawyers are expert at helping to make sure your debts stay high up your clients’ or customers’ priority lists, and at working with your accountant to spot debt problems as soon as possible. We strongly recommend you involve us at an early stage so that we can take a firm, but courteous approach that won’t damage your relationships with your debtors.
The advantage of doing so is that we make sure your ability to take effective, legal action when necessary isn’t compromised.
Our involvement has recovered many debts for our clients, saving them significant amounts in terms of lost income – and lost custom.
If you need help calling in your business debts, talk to our legal team today and arrange a free consultation. We’re here to help you.