[Steve CM]

there was a thread a little while ago about using something to threaten company's that are not paying an invoice. i think alex gardiner may have posted it.

I forgot to save the details of it and i thought it looked useful.

I have had my own means of chasing bad debt before but what was posted was an actual piece of legislation which sounded more official and would scare more easily i think

[Steve CM]

anyone remember? alex are you about at all?

[tonylee]

Hi Steve
I seem to remember it was Dave morris @st. ives. I have just been through his back posts and I think he deleeted by accident.
Hope this helps!
Tony

[Steve CM]

yeah he did delete it as i to was searching for it  hopefully it will get answered at some point...cheers tony

[Alex Gardiner]

It is the Late Payment Act of 1998.
www.opsi.gov.uk/ACTS/acts1998/ukpga_19980020_en_1

First of all write a letter stating that if the Invoice is not paid by a certain date then you will be making a charge against the person under the Late Payment Act of 1998. Once this certain date has passed, then you can send them a bill for the interest owed, this is about 8% on top of the base rate charged at a daily rate once the Invoice has been unpaid for more than 31 days. You can also charge a per invoice fee of about £40 for invoices up to £499 and more for those over.

On this bill it would also be worth mentioning that if this is not settled in full including the late payment charge then you will be applying to the small claims court as per your standard business policy.

To do this go on-line and fill in a simple application form and pay a fee of about £30.
www.moneyclaim.gov.uk/csmco/index.jsp

[Big Dave @ CWC]

Does this apply for domestic custies as well?

[Alex Gardiner]

Does this apply for domestic custies as well?

Yes.

[peter holley]

It is the Late Payment Act of 1998.
www.opsi.gov.uk/ACTS/acts1998/ukpga_19980020_en_1

First of all write a letter stating that if the Invoice is not paid by a certain date then you will be making a charge against the person under the Late Payment Act of 1998. Once this certain date has passed, then you can send them a bill for the interest owed, this is about 8% on top of the base rate charged at a daily rate once the Invoice has been unpaid for more than 31 days. You can also charge a per invoice fee of about £40 for invoices up to £499 and more for those over.

On this bill it would also be worth mentioning that if this is not settled in full including the late payment charge then you will be applying to the small claims court as per your standard business policy.

To do this go on-line and fill in a simple application form and pay a fee of about £30.
www.moneyclaim.gov.uk/csmco/index.jsp

this should be kept somewhere for future reference!!!

[Steve CM]

cheers alex. i will send out a letter tomorrow. they've already had a phone call today :

[outdoor restore]

Does this apply for domestic custies as well?

I believe this act only applies to commercial debts, I could be wrong, but the act states something to the effect "that contracts to which it applies are where the supplier and purchaser are both businesses"

Neil

[Mr Cleannclear]

I remember John Garnett used this company when he had trouble getting paid from a commercial customer ( very cheap )

http://www.thomas-higgins.co.uk/

[dave0123]

Ive also used the above for a commerical customer, a hotel. they settled out of court 

you can send before court action letters which are great and scare most