Advice regarding payment terms

Maximising recovery of your debts may depend upon the strength of your payment terms and other related terms of business.

If well drafted, and properly incorporated into the contract with your customer, terms of business can help you to:

• Recover goods under retention of title;
• Collect interest on late payment;
• Claim payment of current balances as well as overdue balances;
• Suspend further work or deliveries.

We can advise you on your terms if they have not been reviewed recently (or if you have none) and can help you ensure that they are properly incorporated into the contractual relationship with your customer.

For further information about our debt recovery legal services and enforcement options please complete the request a call back form. Alternatively, you can call us on 03300 584 200 or speak to one of our partners directly.