Recovering money owed to your business by another business can be a delicate process, and the most efficient and reliable approach depends on the circumstances. Here’s a step-by-step guide to help ensure the debt recovery process is as smooth as possible: 1. Send a Formal Reminder (Payment Reminder) Start with a polite, formal reminder…
Terry Maylin explains how he can help commercial landlords to recover rent owed by a tenant. It’s a complicated process that requires expert attention.
The global pandemic and Britain’s exit from Europe have created unprecedented challenges, changes, and pressures for businesses in the UK. Whilst some businesses are less effected, and some sectors, such as IT and construction, appear to be thriving, it is an unfortunate reality that many businesses will struggle to survive. The knock-on effect of this…
The impact of Coronavirus is being felt by businesses across the UK, not least by small firms struggling with matters of cash flow. TM Law Solicitor Aidan Squire explains what a Directors’ Guarantee is and how it can mitigate against the challenge of customer non-payment.
TM Law Solicitor Terry Maylin provides an expert guide to the legal recourses open to freelancers and small businesses when all other options to resolve non-payment have been exhausted. As a freelancer, considering taking legal action against a non-paying client can be a daunting prospect. There’s often a delicate balancing act, especially with long-term customers.…