Why the client needed our help
Our client, a privately owned invoice finance company, wanted assistance recovering an assigned debt of £45,000.
How we helped
We issued a 7-day letter of claim demanding payment of the debt along with statutory interest and late payment compensation. To ensure a swift response, this was issued by post and by email.
The outcome / significance to the client
The debtor paid both the invoice debt and late payment compensation within the timeframe set out in the letter of claim.