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T: 0777 555 0607
filtonvoice
www.filtonvoice.co.uk
November, 2020
Legal advice from the team at Lysander Law
Is your business worried about debts owed after Covid? Debt Recovery Post the Coronavirus Crisis The coronavirus pandemic has caused financial pressure and uncertainty to businesses across the globe. Whilst the lockdown restrictions are easing, the long term economic impacts are at present unknown. Businesses therefore need to maximise their cash flow in these difficult times. At Lysander Law we would recommend that businesses:
Initially, you could agree to a revised payment date or ask for a payment plan to ensure that some cash is incoming regularly.
Be Proactive It is essential to understand your client’s true financial position at this time. You can do this by keeping in close contact, by being flexible and, most importantly, by being approachable you will be able to ascertain whether they are in true financial distress or whether they can meet their obligations to you. If your client is in financial
• Pre Legal Action Collection • Payment Agreements • Letters Before Action • Legal Proceedings • Insolvency Proceedings
Legal Action Lysander Law’s experienced debt recovery team will work to recover the debts quickly and cost-effectively. We are able to assist your company recover debts of any value, whether large or small. Our service includes:
distress you could work with them to review their credit terms, review their credit limits and provide regular financial statements outlining their debt to you.
Act Promptly If your client refuses to correspond with you or fails to make a payment, you need to act promptly to prevent the debt escalating unnecessarily.
Get in contact For a no obligation discussion on your debt recovery matters, please contact us at john.osman@lysanderlaw.co.uk or on 0344 7768328
Advertising feature Lysander Law
Founded in Bristol, our friendly, professional solicitors and legal advisors are here to provide you with the very best service for your individual and business legal needs.
How We Support You Providing local legal services: For You in
For Businesses in
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Dispute Resolution
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Business Disputes
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Employment Law
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Commercial Property Disputes
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Financial Mis-selling
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Contractual Disputes
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Housing, Tenancy and Property
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Debt Collection
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Medical Negligence
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Dispute Resolution
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Personal Injury
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Employment Law and HR
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Professional Negligence
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Insolvency
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Wills and Probate Disputes
Get in Touch
0344 7768328 enquiries@lysanderlaw.co.uk Lysander House, Catbrain Lane, Cribbs Causeway, Bristol, BS10 7TQ
We don’t offer a one size fits all service. We draw from our team of experts to provide you with a solicitor or litigation executive who specialises in your specific case. Our experts will provide you with clear legal and practical advice to guide you through the legal process and to resolve your case as soon as we can. With the pressures of day to day life, we aim to communicate in a way and time that suits you. We are available during business hours on the telephone or by email using secure systems that avoid the need for printing and posting.
Legal Funding
For our civil, commercial and insolvency work, you will receive the service of a City firm, but at a more competitive price. For our personal injury, clinical negligence and financial litigation clients we are able to work for you on a “no win no fee basis”. That means there are no up-front or hidden costs for our services and no financial risk if your claim is unsuccessful.
To advertise, contact ruth@filtonvoice.co.uk or Richard on 0777 555 0607 or Ruth on 07590 527664