What the Late Payment of Commercial Debt Regulation of 2013 Means For You
Company in liquidation? Sales ledger outstanding? Following the Late Payment of Commercial Debt Regulation of 2013, we are now entitled to add debt recovery costs and late payment interest on to business to business debts as a form of compensation. As such it is often in a company's best interest to instruct a debt recovery agency to collect commercial debts on their behalf, whilst they focus on other ventures and allowing them to do what they do best.
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