Instructing us to issue Letter Before Action
Letters Before Action Charge only £2.00 (plus vat).
At the Letter Before Action stage the process could not be simpler, we only need a minimum of information from you.
- The name of the debtor.
- The address of the debtor.
- The amount owed to you.
An alternative to a Letter Before Action is a Late Payment Demand that allows you to claim interest and compensation under the Late Payment of Commercial Debts (Interest) Act 1998, provided both parties were acting in the course of a business.
Instructing us to issue Late Payment Demand
Late Payment Demand £5.00 (plus vat).
The Late Payment of Commercial Debt Regulations 2002 allow you to charge interest at the annual rate of 8% above base rate for each day your invoices are overdue. You are entitled under the above regulations to charge compensation against your debtor if an invoice is overdue by as little as one single day. The compensation your are allowed to charge is as follows:
Up to £999.99
£1,000 to £9,999.99
£10,000 or more
£40.00
£70.00
£100.00
You can not rely on these regulations if your terms and conditions already make provisions for interest.
Large volume Clients
To save you time you can download programs from this website which will import your debtor details straight into our system. There are many other ways of importing your files into our systems please telephone our IT department on 0151 630 8050 for assistance or click here to email us.
