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The phrase cash flow is king is particularly relevant for sole traders and small business owners. And it goes without saying that late payments and outstanding invoices can be harmful if not financially devastating. But that’s why debt recovery services exist. This competitively priced debt recovery service is highly effective, with customers able to choose from a number of solutions designed to make sure that debts are paid swiftly and in full.
Vantage Legal Protect offers a wide range of legal services to self-employed tradesmen and contractors. From advice regarding employment disputes to debt recovery and even ensuring your contracts are commercially sound and protect your best interests, Vantage Legal Protect’s experienced team of in-house solicitors are able to support you.
This tried, tested and trusted debt recovery service is made up of three key activities, each of which are actioned by qualified solicitors.Â
- Chaser letter – sent from a legal expert to prompt a debtor to make a payment.
- Letter before action – a final and formal letter before action can then be sent, warning the debtor that legal action will be opened against them.
- Court claim – if the debt remains unpaid, a solicitor can commence legal proceedings.
Want your debt recovered? Speak with an expert now.
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