The charges can be less than the cost of hiring an employee. Do you have a very old invoice you're struggling to collect? Why not try our CreditXS debt collection service? Submit details of the debt online and we'll take care of it for you.
Debt Collection. T: Email Enquiry. Client Login. Without paying attention to the following, it is unlikely you will successfully claim payment of an old invoice. In no particular order, these caveats are:. This is where our commercial debt recovery solicitors come in. If that is the case, call us on or contact us for an initial chat. Either way, the appropriate legal action requires much consideration and detailed professional knowledge before proceeding to move forwards to collect the business debt.
Best advice is not to leave old invoices unpaid for long without taking action. The longer you leave it the harder it gets for debt recovery, plus of course, the debtor company may no longer be trading or has had a change of management, adding to the difficulty.
Dealing with debt on your own is not easy. Our debt recovery solicitors have been focusing on recovering unpaid invoices since We offer a full range of debt recovery and debt collection services to collect the money owed, including mediation, dispute resolution, negotiation and enforcement.
For more relevant information select a location from the drop down or dismiss to continue browsing. In this expert guide, founder and Chairman of LawBite , Clive Rich, and barrister Belinda Naiken-Payne explain the legal recourse open to freelancers and small business owners when all other options have been exhausted. Depending on the value of the claim, the first thing you have to do is choose which court to start proceedings in.
In England and Wales, there are different financial limits for claims in different courts , such as the County Court and the High Court which is very expensive and involves complex procedures.
The remainder of this article refers to the system in England and Wales, but if you're looking for more information on recovering bad debts in Scotland, take a look at the Scottish Courts and Tribunals website or, for advice on settling out of court, get in touch with Citizens Advice Scotland.
The remainder of this article refers to the system in England and Wales, but you can find out more about chasing payment in Northern Ireland in this guide to recovering debts owed to you.
The small claims track is a simplified procedural system for dealing with lower-value claims designed to be less formal and more accessible to litigants in person. A small claim can be made either online or through the County Court. It also applies in the County Court and once again the procedures are fairly simple. After submitting a claim and paying a fee you can review the progress of your claim online. Defendants are also given the opportunity to respond. If you decide to go to court to make a small claim then you can represent yourself in person, as opposed to having a barrister or solicitor represent you.
If both you, the claimant, and the defendant have agreed to mediation, the claim will be referred to the Small Claims Mediation service. This will help you to achieve a mutually agreeable settlement. You could also choose to refer the matter to a debt collection agency to recover the money. These agencies will work with you to find flexible ways to resolve your outstanding balances. They usually charge a percentage of what you recover as a commission.
Debt collection might not have the best public image, but there are some reputable agencies out there. Many reputable agencies are members of the Credit Services Association. Debt recovery agencies are also limited in what they can do unless you have a statutory demand or a court judgment in your favour.
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