Many consultants have recently reported an increase in late or disputed payment by their clients. This is supported by data released by Experian, which shows that the average delay in paying invoices throughout the construction industry has increased by 50% since mid-2007.
In the article 'Dealing with the issues of Debt Recovery', law firm Hill Dickinson LLP provide guidance on steps that can be taken to reduce the risk of payment defaults and the legal remedies available should defaults arise.
For access to the complete 'Dealing with the issues of Debt Recovery' article, with topics including:
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