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Outstanding debts can cause unnecessary strain on the cash flow and viability of your business. This can be an extremely stressful burden to carry on your shoulders. Not only does it effect your cash flow but it also takes considerable time for your staff to pursue the debtors and this can be costly.
Initiating debt recovery through a law firm can be far more pursuasive then using a debt collection firm. Not to mention if debtors ignore the agency then they engage their lawyers to commence proceedings in any event.
The decision to commence debt recovery proceedings can be a balancing act between the cost of recovery and the prospects of getting paid. Vaarzon-Morel Solicitors will help you to make an informed decision about the best course of action for you and your business.
