Debt Interest Payments Leeds
Debt Interest Payments; Are you seeking debt recovery specialists to assist your organisation with the retrieval of outstanding funds as well as interest on top of the payments from commercial clients in Leeds who purchased goods or services from your company? Then look no further than the highly trained and experienced their recovery team at Michael Lewin Solicitors as our professionals could work tirelessly on your behalf to secure payment and fall of the outstanding funds that your business debtors owe to you plus any interest and compensation charges that apply.
Whilst each debt recovery solution that is provided by our professionals is tailor-made to a company’s needs in most cases the initial step in the debt recovery process will be to issue a Letter of Action to the debtor. This is done promptly is relatively inexpensive and has an extremely high success rate in securing outstanding payment in full.
An alternative to the Letter of Action that can be issued to business debtors in cases that qualify would be a Late Payment Demand which allows for the charge of interest and compensation to the commercial client. The interest can be charged at up to 8% above the Bank of England base rate with compensation charges of between £40 and £100 for each unpaid invoice. However this cannot be applied if provisions have already been made in your business to business agreement for interest on late payments or if a consumer credit agreement was set up.
Are you seeking advice on the recovery of outstanding debt and whether or not you are allowed to charge interest on top of the payments that are owed to your company in Leeds by business debtors who have thus far proved unwilling to pay what they owe? Then you should consult with the debt recovery specialists at Michael Lewin Solicitors over a no obligation call to discuss your debt recovery requirements the circumstances involved and cost-effective tailor-made solutions that our experts could provide for you for the retrieval of the outstanding funds as well as interest charges.
The dedicated debt recovery team at Michael Lewin Solicitors in Leeds were recently consulted by client who required expert assistance in their pursuit of outstanding funds of £823.44 from Ms A in Sheffield.
Are you seeking similar assistance to chase down payment of outstanding debts that are owed to you by your non-paying commercial customers? Then don’t hesitate to get in touch with the experienced team of professionals at Michael Lewin Solicitors for a fast and cost-effective service that you can rely upon to get the job done without any unnecessary hassle for you.
The dedicated debt recovery team at Michael Lewin Solicitors could assist your organisation in the recoup of outstanding funds plus interest on top of the payment in cases that qualify for this to be charged using the quickest and most cost-effective debt recovery solutions for your company in Leeds; so make a no obligation call for a free initial consultation with our helpful advisers today on: (0844) 847 2323.
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