Here are the 4 steps of an effective litigation flow
1- an invoice drawn up correctly and sent on time
From the start of your work, think invoicing because, who says invoicing, says money coming in. In many business sectors, you can edit one or more installment invoices. They allow you to cover your costs as soon as possible. Do not deprive yourself of it!
Your invoices must be correctly drafted, include your legal contact details, include an invoice number and an invoice date. It is also important for you to include your payment details and a payment due date. Finally, as no one knows what the future holds, remember to include your general terms of payment (ideally already included in your quotes).
2- a reminder sent when the invoice is due
Billing is fine. Tracking your bill payments is better. You have noted a due date on your invoices, respect it too. Your invoice is not paid on the date, send a single reminder by post. Reminder emails are generally directly transferred to spam or even to the trash. There is no point, however, in incurring the cost of registered mail or wasting your precious time calling your client.
Your reminder should be courteous but direct. It may be an oversight or an addressing error. Include your billing information and your payment details on your reminder. You can possibly add your courier costs but above all remember your general terms of payment and warn your customer of the consequences in the event of non-payment.
3- amicable recovery
Your recall did not bear fruit? Do not delay any longer and directly transfer the unpaid invoice to a third party specialized in debt collection. You free yourself from this burden and maintain the commercial relationship with your customers. Opt for a debt collection company for example. The profession is regulated. After the legal notice has been sent, the collection companies will take all the amicable steps to recover your due: sending letters, SMS, telephone calls or even moving a person to your client to find the best deal for both parties.
4- the legal procedure
If it is impossible to find an amicable solution with your client, the collection company will advise you in any legal proceedings. A lawyer, via a bailiff, will summon your client to have him sentenced, a sentence which will allow you to maintain a 10-year right to have this decision executed. The execution will be done via a bailiff only who will seize and sell your client's goods up to the amount due and all the costs incurred.
INTERNATIONAL RECOVER COMPANY® accompanies you throughout this litigation flow, in the drafting of your general conditions of payment, your invoices and reminders, in the amicable follow-up of your unpaid invoices as well as in the legal follow-up. Make your life easier. Contact us and boost your income!