Lamport Bassitt Solicitors - Legal News - Debt recovery excuses identified


	LATEST LATEST LEGAL NEWS ARCHIVE		LATEST NEWS & EVENTS Debt recovery excuses identified Excuses provided by firms and individuals trying to stall the efforts of those engaged in debt recovery have been identified. Writing on FreelanceUK, managing director of Creditsafe Sid Home said that one reason cited by companies for not being able to pay is that they are themselves awaiting money from their customers. Another possible excuse used involves debtors suggesting they will not pay because there is a dispute. Mr Home remarked: "Is there really a dispute? If there is, then the client may well have good reasons not to pay." Meanwhile, a further way in which payments are avoided is by those who owe the money claiming the "cheque's in the post". Mr Home said that in such cases a request should be made for the cheque number, what its precise value is and whether it has been sent first or second-class post. Last month, Crain's Manchester Business suggested that debt recovery specialists are having a tough time because more debtors are going bankrupt or are unable to sell their houses to pay off creditors. Related Articles: 11/5/2012 - Queen's Speech legal reforms welcomed 17/4/2012 - Further regulation to encourage family mediation: justice minster 2/4/2012 - Fuel tanker driver dispute talks scheduled for Wednesday 23/3/2012 - Landowners urged to take more responsibility for falling trees 22/3/2012 - Justice reforms move a step closer More Dispute Resolution News