Every small to medium-sized
company can experience difficulty paying its bills when cash flow
is tight and business payments are slow.
But who can a company turn to when it runs into
a problem debt or cash flow crisis?
The professional Debt Arbitrator and Negotiator
specialises in helping businesses reduce a problem debt by negotiating
with creditors directly or with their collection agencies and appointed
solicitors.
The Channel 4 series "Your Money & Your
Life" shows what can happen when negotiation with the bank
is left too late. Negotiate while you have something to negotiate
with! And a former bank manager can help you -
they know how the banks' minds work.
Debt arbitration can avoid expensive litigation for debtor and
creditor
The Debtor
A substantial debt can paralyse a company's ability to trade effectively,
often leading to a collapse. If a creditor decides to take legal
action over a bad debt, it can result in a time consuming and expensive
lawsuit which can incur huge costs from lost business and legal
expenses.
The Creditor
Chasing a bad debt is an expensive gamble that most creditors want
to avoid because they don't want to incur more costs at the risk
of not being paid. They know that they have more to gain by accepting
third party arbitration than pursuing you in court, or simply hoping
to be paid by the debtor.
