Unfortunately, many companies have to deal with unpaid invoices. But what happens once you’ve exhausted all pre-legal routes and your debtor still isn’t paying? What can you do?
The impact an unpaid invoice can have on your company can be hugely detrimental. For SME’s the negative effect can often mean the difference between reporting a profit or a loss.
You’re stronger with a debt collection lawyer
But before you consider writing off your outstanding debt, you should speak with a debt recovery lawyer. Unlike a debt collection agency, debt recovery lawyers have more tools at their disposal for collecting your debt; specifically, knowledge of the law. If your debtor is refusing to pay or ignoring your requests, we can begin court proceedings on your behalf.
International debt collection
When it comes to chasing international debts, we know this can be an even more daunting task. The challenges of language and foreign courts is something we are very familiar with however. Our team of international lawyers are knowledgeable in, and very experienced with, winning cross border debt collection cases.
Is it worth going to court for an unpaid invoice?
In most cases it is. But you should be aware of your chances of winning and what costs you might incur before you go running to the courts.
At Bierens, we have a will to win and, where possible, we will always push for your debtor to pay as much of, or all your debt recovery costs. We will always advise you on your likelihood of success and potential costs. This means you can make an informed business decision on whether announcing court proceedings is the right route for you to take.
Need more information?
If you have an outstanding debt and are thinking of writing it off. Stop. We can help. Our team of expert lawyers can advise on the best course of action for you to take. Contact us today to find out.