![]() ![]() Companies with cash-flow issues might put your invoice aside, waiting for funds to free up. The person in charge of paying your invoice might be on vacation or trying to juggle many other responsibilities. However if the amount you wish to recover is greater than £25,000 (a Multi Track claim), we may still be able to assist for an additional fee so please contact us with details. The bill might get lost in a sea of emails or be misplaced. Multiply this figure by the per cent of interest you are charging. You may hear this called a money claim or a debt action. Once the proceedings have been issued by the Court, they will arrange for the claim form to be sent to the debtor. The law permits UK businesses to claim against customers for non-payment of delivered invoices. Snellings Law LLC can make recommendations on the best way to. Recovery of Unpaid Invoices Notice of issue. You can calculate the total interest payable by dividing the unpaid invoice total by 365 (being the number of days in a year), then multiply this amount by the number of days the payment is overdue. The recent trend has been toward getting collections attorneys involved earlier in the process. These services are suitable for most undisputed debts under £25,000 where both parties reside and the debt was incurred in England or Wales (known as a Small Claim or Fast Track Claim). This is assuming they have not made further payments during the year. ![]() We offer the below cost effective fixed fee debt collection packages, from sending a debt recovery solicitors letter to taking your debtor to court. If you decide to take legal action for non-payment of invoices, you initiate the process with a formal demand letter to the defendant, whether it be an individual or a business, or both. So you can be confident about the debt recovery legal advice we provide. Our legal services are structured around a simple fixed fee with no deductions taken from the amount you are owed.Īll our debt recovery work is conducted or supervised by a qualified solicitor with over ten years' experience in civil litigation. ![]() We can take legal action on your unpaid invoices on your behalf, and usually only require a copy of the unpaid invoice/s to start the debt collection process. The debt recovery services we offer are flexible and depend entirely on your circumstances and budget. ![]()
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