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  • Bump. Only just overdue but I've got a real sinking feeling about this one. Have looked into charging interest etc as per contract but just got gut feeling the company in question is on the brink of going under.

    It's not a huge sum that's outstanding - about 10k but that's the remaining balance from a much larger job. I've paid off our suppliers as we completed the work but it means there's basically no profit on months of work. In fact realistically unless it gets paid we'll be at a loss.

    Not interested in charging interest or mediation (they've always been cunts and this is my just desserts at having continued to work with them despite their track recording of paying late literally every time). This one feels like more than just a late payment though so I'm looking for recommendations of debt collectors.

    I'd prefer a 'no win no fee' type deal but if they're good and if the fee justifies the return I'd consider flat fee firms.

  • From memory the county court judgment upfront cost on 10k is about £450. You can add interest to your claim too.

    That service saved my ass on a few occasions and is super simple to file a claim. Literally 5 minutes work.

  • OK, thanks - might suck up the up front costs then. Though I was reading there could be additional (still high-ish costs) if more services are needed, like enforcement etc which made me think just go private in the first place and let them do it all.

    Is it effective against companies that are at risk of going into administration? Or ones that are already there? Ones that have little in the way of assets, loads of debt, no cash at the bank etc?

    I was an employee at a company that went under years ago and it wasn't fun to watch the freelancers get completely overlooked during the administration process while they tried to flog a few office chairs and what remained of the server equipment the editor hadn't stolen when he got wind of administrators being brought it.

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