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I'm after a bit of "Heads-up" advice. Hopefully someone will be able to offer some guidance. I'm a small business who has a client who owes me just under £3000 since Dec last year. The amount is un-contended & I have a pile of emails dating back to March that they will be paying me in 2 days right thro to promises of being paid in 2 weeks. I've even got an email from them offering a 3 month payment plan of which they have missed all 3 payments. Well I've had enough & just over 2 weeks ago I sent them a Statutory notice (form 4.1) giving them 21 days to pay before I take it further. So the question is if they don't pay what do I need to do next
money claims online?
Been advised to go the Statutory Demand which I'm 15 days into now. Just wondering what the next step is if they don't pay by next Thursday
My boss CCs in a solicitor when dealing with these companies, that normally speeds things up
You might need to consider that the insolvency limit rose from £750 to £5000 on the 1st October so your bod is not insolvent on that test.
Notwithstanding the above the next thing would be to issue a petition for bankruptcy which would be self defeating as if you do succeed in making them bankrupt then as a presumably unsecured creditor you will get nothing other than the warm satisfaction (if that's your thing) of making someone bankrupt plus pay £980 petition deposit and £280 court fees.
I would go with the money claim on line.
Get the boys in from "CAN'T PAY,WE TAKE IT AWAY" ________________
You've already been far too patient. State your payment terms on the invoice, follow up if they don't pay then straight to the solicitors letter. If you've got a contract they've got no redress.
So if they don't pay on time talk to a solicitor and prepare to pay a bit to get what you're owed. You could do small claims online yourself but it's easier to offload the problem onto a professional.
It's a lot of grief to do it yourself.
My policy was last straw, letter from me to make a final demand. Then the debt collection solicitors send a letter before action for a quid, then 14 days later would take action. Email me (in profile) if you'd like a recommendation. You will bear some costs if unsuccessful but if it's not disputed and they want to continue trading you won't be.
Personally in your case bang it straight to a solicitor for a letter before action- you've let them push you over too long they won't take you seriously. I've only ever had one client not pay after that and go to court - the rest stumped up sharpish. They'll also add you interest on the late payment as well as their fees so the £3k debt will go up sharply enough to get you a cheque.
Keep all correspondence, including things like the envelopes any cheques appear in.
Thanks fellas