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Factsheets

Recovery options for late payment

26 Mar 2017

Businesses of any size can face difficulties where creditors occasionally or even persistently pay invoices well after the due date.

The law provides a very useful resource which has the potential to inspire creditors to pay invoices on time and to protect against losses caused by late payment. This factsheet looks at what steps can be taken to ensure that creditors pay invoices on time.


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The information in this guidance is intended for general information purposes only and does not constitute legal or professional advice. The IoD does not accept any responsibility for any loss which may arise from relying on information contained in this article. It is not a substitute for legal advice and specific and personal legal advice should be taken on any individual matter. IoD does not recommend any firms. The IoD is not accountable for the products, services, acts or omissions on the website(s) linked to this page. Website terms and conditions apply.

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