- December 11, 2023
- Posted by: Chris E
- Category: Uncategorized
In just five weeks another successful collection of £55,000. The recovery was for two linked companies that had carried out services in the construction industry – groundworks. Following the service of two Statutory Demands and with the threat of Winding Up Petitions looming. Global Collections recovered the full amount outstanding.
Our clients were willing to take our advice and not mess around attempting to barter with these non-paying companies and instead go forward with the Statutory Demands followed by the threat of Winding Up Petitions.
In this economic climate it is so important to stamp on non-payers the moment the situation arises. Giving more time over and above your agreed terms leaves you wide open to being last in the debtors list when it comes to the monthly payment run.
Be warned, so many hide behind the limited company liability laws. Directors simply escape from litigation and therefore leave the creditor high and dry.
If you have a debtor that has simply taken advantage of you call us now: 01386 – 584005 or drop us an email: collections@debtcollection.co.uk