Make Collections Pay
7th March 2013
These days we need to be increasingly resourceful to ensure our debtor’s ledger does not harm our business operations. In our opinion, by far the best way to manage an aged debt is to ensure the late payers fund the cost of collecting; that is not as difficult as it sounds. The Late Payment of Commercial Debts (Interest) Act 1998 make it extremely easy to add charges to unpaid invoices which can be used to fund the collection costs. Better still, add the charges into your Ts&Cs.
To find out more call our Litigation Team on +44 (0) 1766 772287 or email Quote: NL313
