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    Trusted Payments: good product, cowboy launch. What the new terms mean for your money →

    Payment Chasers

    Template: Company Letter Before Action (Late Payment Act)

    Medium risk

    Check your contract first. Consider a peer review before sending.

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    When to use this

    • •Your limited company is owed money by another business
    • •You want to claim statutory interest under the Late Payment of Commercial Debts Act
    • •You need a last-chance letter before instructing solicitors or issuing proceedings