Commercial Debt Recovery in the Leeds UK
Commercial Debt Recovery; Are you in search of a dedicated commercial debt recovery team to assist your company with the retrieval of outstanding funds from commercial clients who have yet to pay for the goods or services that you have provided? Then you should make a no obligation call to the experienced commercial debt recovery experts at Michael Lewin Solicitors to discover how our team could help you secure payment in full of outstanding debts that are owed by commercial clients who have thus far failed to make payment on invoices for goods or services that were purchased from you.
When pursuing late payments from commercial customers who have not met invoice payments on time following the purchase of goods or services from your company our experienced professionals at Michael Lewin Solicitors can recover interest charges and compensation on top of the outstanding balance under the Late Payment of Commercial Debts (Interest) Act 1998.
This Act allows for interest to be charged at 8% over the Bank of England base rate on any outstanding amount that is not paid within the credit period even after the balance has been settled. There is up to 6 years in which the interest can be claimed.
Compensation can be charged for each unpaid invoice of between £40 and £100 depending upon the invoice amount. Again there is six years from the date the payment was originally due in which this can be claimed even after the balance has already been settled.
Do you require the specialist services of a reputable commercial debt recovery team to recoup outstanding funds from business debtors who have failed to make invoice payments on time? Then you should consult with the skilled team of specialists at Michael Lewin Solicitors as our professionals could use their vast knowledge and expertise in the field of commercial debt recovery to provide professional and reliable debt recovery solutions for you to aid the retrieval of outstanding funds as quickly and cost effectively as possible.
In addition to interesting compensation for orders placed for goods or services for business purposes after 16 March 2013 reasonable costs for debt recovery can be charged to the commercial client is the compensation does not cover the cost that you have incurred to recoup the outstanding funds.
The experienced recovery professionals at Michael Lewin Solicitors were recently consulted by a client who required assistance to recoup outstanding funds of £1629.36 from Mr M in London.
The dedicated commercial debt recovery team at Michael Lewin Solicitors could provide swift and cost-effective tailor-made debt recovery solutions for your company to obtain the payment that you require from non-paying commercial clients plus interest and compensation without any unnecessary hassle for you; so make a no obligation call to our helpful advisers today to discuss your debt recovery requirements on: (0844) 847 2323.
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