The method by which a party pursues through the courts a sum that is due.
A business needs to work out the best method of collecting debts, and often that is relative to the sums involved.
“…Customers not paying their bills can have a severe effect on a business, particularly on cash flow”.
Unpaid bills or invoices – often require a better technique than a simple letter of demand. Often debt collection involves consideration of insolvency and enforcement .
However at Christofi Law we will advise you on how best to go about getting your money back and the pros and cons of pursuing claims including cost benefit analyses and strategy.
Christofi Law offer a free letter writing service for claims in excess of £5000 .
“Of course genuine debts must be paid in the end. Whatever you do, don’t ignore them. “
Chris Christofi, London Evening Standard/ ES Magazine