Is a Personal Guarantee right for you?

It is important to consider when undertaking works or suppling goods to your customers that they have the means and the ability to pay you.

If you deal with Companies on a regular basis then you should consider obtaining a Personal Guarantee from the Company’s Director to help protect your […]

Importance of complying with Court Orders

Does it matter if you breach a Court Order (e.g. miss a deadline or requirement as ordered by the Court?) In short- yes, it really does because the Court has the power to ‘strike out’ a Claim/Defence if it appears to the Court that there has been a failure to […]

Part Payment as Full and Final Settlement

What if your business Debtor sends you a part payment (electronically or otherwise) and tells you it is paid in “full and final settlement”?

This is a situation we are seeing on a more regular basis and which is happening to Clients.

In English law, the relevant principle is “accord and […]

Make sure you and your business stay safe!

I attended an online course run by #Theaccessgroup last week – scary but very informative.

On line fraud has increased significantly during the pandemic for obvious reasons – we are all using the internet much more, whether it is working from home, online shopping, internet training, banking….the list goes […]

Wow – what a sorry sight…..

Speed is of the essence !

One of the things we do at Lane & Co Solicitors is to keep an eye on the status of debtor companies who owe our Clients money.

Last week out of 17  companies we were  looking […]

Q-How Long Does an Old, Unpaid Invoice Remain Valid?

 A-Old, Unpaid Invoices Remain Valid for Up to 6 Years!

 However there are Conditions!

The late, overdue and non-payment of invoices is a major problem in the UK, often with significant consequences.

The FSB, has found that 83% of small businesses have to deal with late payments, this then leads […]

ACT NOW!!

The latest Lockdown will cause more problems for businesses – get ahead of the game and make your New Year Resolution Count !!

A New Years Resolution for Great Credit Management.

Start as you mean to go on …..

Know your Customer – Do you really know who you are dealing with?

1. Make sure your customer completes […]

Here at Lane & Co we may not be great at putting the face on the elf…….

But when it comes to collecting your debts……

We hit the bullseye

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