How To Get Debtors To Pay
| Business : Starting Up In Business The best way to get debtors who aren't just being slow but actively aren't paying to cough up is to act in a serious and professional manner. If it seems to them that you are determined and will claim the debt - and know what you are doing - then it will be less hassle for them in the long run to pay up rather than let the debt run on and on. For instance, research shows that around 90% or more of people will pay up almost instantly when served with a statutory demand. Why? People are terrified of expensive and embarrassing legal proceedings being brought to bear, and this will be enough to kick them from their lethargy or state of 'trying to get away with it' - as soon as they find out they can't most will pay up.
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