If you’ve lost count of how many reminder letters you’ve sent and phone calls you’ve made to chase late payments, learn more about the legal action you can take to recover debts.
There is undoubtedly a balance to be struck by businesses between maintaining a good relationship with your clients (ensuring long-term income) and receiving prompt payment for the goods and services provided (preserving short-term cash flow). Whilst payment plans and deferred payments will be the right solution for some businesses, for others legal action will be necessary.
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