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Debts & debt recovery

This part of the site provides information and documents pertaining to debt and debt recovery including Debt recovery, Promissory notes, Powers of attorney, Assignments of debt and more. In a competitive business environment, positive cashflow can be critical to survival, and making sure that your customers promptly pay the money they owe you is central to that goal.

Products

Debt, bankruptcy and liquidation

Compatible region(s): England & Wales Scotland Northern Ireland
When signed, this document will acknowledge the debt that is owed by one person to another, the reason why the debt arose and the amount owed. This serves two very important purposes: 1. It makes it… Read more
Price : £14.95
Compatible region(s): England & Wales Northern Ireland
This is not a general guarantee for the payment of a debt but is only to be used as a guarantee where the creditor has commenced legal proceedings against the debtor for payment of an outstanding debt and… Read more
Price : £49.99
Compatible region(s): England & Wales Scotland Northern Ireland
Use this letter to make an offer to a creditor to pay a debt by instalments. With this letter, you will attach your first instalment by way of cheque. Although the creditor is not obliged to accept your… Read more
Price : £14.95
Compatible region(s): England & Wales Scotland Northern Ireland
Use this document to generate a promissory note, which is a written promise that you – the ‘maker’ - will pay a fixed sum of money to the payee either on demand or on the date specified… Read more
Price : £14.95
Compatible region(s): England & Wales Scotland Northern Ireland
Use this document to generate a promissory note, which is a written promise that you – the ‘maker’ - will pay a fixed sum of money by way of instalments on specified dates. The maker can… Read more
Price : £14.95

Debt recovery

Compatible region(s): England & Wales Scotland
This document creates three debt collection letters demanding payment for an overdue invoice(s). You can use it if you have sent invoices (one or more) to a consumer or business for goods supplied or… Read more
Price : £2.99
Compatible region(s): England & Wales Northern Ireland
Guaranteeing steady cash flow is one of the important activities a business can undertake. Setting good ground rules for handling those who default on their credit agreements is essential, and sometimes… Read more
Price : £49.99
Compatible region(s): England & Wales
Use this document to make an application to county court to recover money owed to you through unpaid invoices. Before making this application, you must have already sent at least two letters to the… Read more
Price : £39.00
Compatible region(s): England & Wales Scotland Northern Ireland
This document allows you to draw up a general power of attorney authorising one or more persons to collect debts on your behalf – it is strictly limited to this one purpose. You might want to use… Read more
Price : £29.99
Compatible region(s): England & Wales Scotland Northern Ireland
This is a final 'letter of claim' (also known as a 'letter before action'), demanding payment for an overdue invoice(s). In this letter you threaten court action if you don't get a response. The letter… Read more
Price : £4.99

Guarantees & assignments

Compatible region(s): England & Wales Northern Ireland
If you wish to assign the payment of a debt that is owed to you to another person (the assignee), you can use this document to do so. Once this debt has been assigned and the debtor has been notified of… Read more
Price : £39.99
Compatible region(s): England & Wales Northern Ireland
If you wish to guarantee an existing or future debt of another to a creditor, you can use this document to do so. This document is suitable whether the loan has already been given, whether the loan will… Read more
Price : £29.99
Compatible region(s): England & Wales Northern Ireland
If you wish to guarantee the obligations of another under a contract, you can use this document to do so. This guarantee should be used after the contract has already been signed or at the same time that… Read more
Price : £25.04