Archive for the Debts Category

Why recovering unpaid debts is about to get harder

Chasing unpaid debts is, sadly, a challenge many businesses have to devote time to. But did you know the challenge may be about to get a whole lot harder – with real implications for cash flow? By ALLY TOW Governments of all hues have, for many years now, been taking well-publicised action to protect small businesses from late payment of debts. However, a new measure being introduced by the courts on 1 October 2017 – the Pre Action Protocol for Debt Claims – is set to reverse the progress made in many cases. The protocol has laudable objectives – seeking


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