Debt Collection: How Do You Decide When to Issue Legal Proceedings?
Debt Recoveries
MARCH 11, 2020
It is important to take debt collection action quickly. The more time you waste on repeating the process of chasing letters, emails and calls the less chance you stand of recovering payment and just as importantly this is time you could be spending running and growing your business. If your debtors have been unable or unwilling to pay you, chances are they may also owe money to others, who will also be trying recovery action, so it is vital that you don’t fall to the side.
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