Credit Terms & Letters of Demand
Strong terms. Clear demands.
Effective recovery starts before a debt is overdue. Well drafted credit and trading terms, and a properly prepared letter of demand, put you in a stronger position from day one.
Credit Terms & Letters of Demand
Overview
We review your credit applications and trading terms so they support recovery if an account falls into arrears.
When a debt is overdue, a specific letter of demand from a law firm sets out the claim, the amount owed and the consequences of non-payment, and often resolves the matter without the need for proceedings.
We can assist with
- Reviewing credit and trading terms
- Credit applications and guarantees
- Drafting specific letters of demand
- Negotiating payment arrangements
- Advice on next steps if a demand is ignored
How a matter runs
- Initial adviceA 15-minute, no-obligation telephone discussion about your matter.
- AssessmentWe review the facts and documents and explain your position, options and likely costs.
- StrategyWe set out the strategies available and agree the approach that suits your goals.
- ResolutionWe act on your instructions, keeping the whole process transparent with regular updates.
The information on this page is general in nature and is not legal advice. Contact us to discuss your specific circumstances.
Initial advice
Speak with a lawyer today.
We can provide a 15-minute, no-obligation initial telephone advice on your matter.
