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Search results: 12 article(s) found in topic: Debt recovery - keyword: Miscellaneous

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LATE PAYMENTS

The Small Business Commissioner’s website

DEBT RECOVERY

Does the SBC have any teeth?

After a lengthy delay, the government finally appointed the first Small Business Commissioner (SBC) on 2 October 2017. What will the SBC do and do they have any enforcement powers? More...

DEBT COLLECTION

Getting customers to pay sooner

While your business is successful, cash flow is still tight from time to time. It could be eased if only you could get your customers to pay more quickly. What practical measures can you take to achieve this? More...

DIRECTORS’ LIABILITY

Customer overpayments - can you keep them?

Your bookkeeper has been tidying up your records and found overpayments on several customer accounts; some go back years. Can you keep the money or are you obliged to return it? More...

DEBT RECOVERY

Cable proposes a late payment levy

DEBT RECOVERY

Can they afford not to mediate?

During a legal dispute, neither party is under any obligation to mediate, unless the contract states otherwise. However, if the directors are in this situation, suggesting it to the other side could be a good tactical move. What’s to know? More...

DEBTS

Getting the (full) balance of what they owe

A customer who owes you money has sent in a cheque. It’s for 75% of the outstanding amount and in “full and final settlement”. The directors are worried that if it’s banked, they can’t demand the extra 25%. What does the law say? More...

NEWS - BAD DEBTS

Playing hardball with slow payers

You’ve noticed that more and more of your customers are late in paying your invoices. In response, can you simply stop supplying them? More...

DEBT COLLECTION

Where’s the rest of the money?

With the credit crunch starting to bite, you’re concerned that customers might struggle to settle your invoices in full. So what’s your position if they try and offer less, “in full and final settlement”? More...

DIRECTORS’ LIABILITY - DEBT RECOVERY

Personally liable for an old debt

Several debt collection agencies have been in touch saying that they can recover old debts from the directors of the debtor company. Is this something to consider going for, and couldn’t it also be something else to worry about? More...
Last updated: 02.07.2020

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