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@izgard
Just thought I'd put this out there in the hopes that anyone has some advice.
One of our clients has not paid their invoices since late 2008. We have continued to provide services due to the good relationship we have had with them over the years, but the invoices keep piling up and not being cleared.
We have heard on the grapevine that this company has not been paying their invoices to various other large corporations; some are owed money to the tune of several hundreds of thousands and are getting prepared to take the company to court.
We have up till now been insistent but passive in our chasing, but now need to step it up a notch in order to recover the money owed. Since we have not had bad debt in the company before, we are unsure of what exactly is the best way to proceed. Are there any standard templates for legal letters we can begin sending over prior to start actual legal proceedings? Has anyone else had experience taking the legal route with recovering money from debtors?
As I'm sort of been put in charge of this process, any ideas or suggestions would be welcome. The more I know the better prepared, or whatever it is they say.
Cheers