Chasing money!

  • Thread starter Thread starter jgtiling
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keep phoning him at every oportunity and asking for your money,especially at inconvenient times.Hope you get your well earned reddies bud.
 
or Kidnap and torture his family - works every time ....................

ONLY JOKING GAZ !!
 
it pays to get stage payments as the job progresses,that way you dont have the big nut outstanding at the end.
For the most part i insist on 50% down
Then a 25% payment when tile installed and the balance including any extras (which should be agreed in writing before you do them)at the final completion.
This way you have at least got 75% of the job in your bank account.
Some people including me cant wait 30 days for a cheque.
Also no matter how small the job is,it is proffesional to write up a contract so BOTH parties know the score.
Contractors can be too passive with clients but the clients would welcome assertive tradesmen meaning be confident and straight forward and 9 times out of 10 you can spot the snake before you do anything.
Another point would be when pricing a job you have to get their trust just as much as they want yours.Never sell yourself short and at the end of the day be straight up.
 
If its a ltd co and they owe over £750 you can actually instigate a Winding up process through companies house, you usually find that this gets them listening and taking you seriously and sorts the issues pretty quickly.

Transcript taken from compulsory liquidation

This procedure is initiated by an individual creditor who must be owed at least £750. Occasionally a group of creditors acting together may take this route. The mechanics involve the serving of a Winding Up Petition on the Company, which has a number of draconian effects on the future conduct of its affairs. In particular, if the Petition is accepted by the Court and a Winding Up Order made against the Company, not only does this put it into Liquidation, but it makes each and every one of it transactions since the date when the original Petition was served potentially invalid.
Once the Winding Up Order is made, the Official Receiver automatically becomes the Liquidator, but he will often have a licensed Insolvency Practitioner appointed in his place, either where there are assets to be sold and a potential surplus for the ordinary creditors, or else if the creditor who served the original Petition or some other creditor asks him to do so.
 
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All you need to know is found at

businesslink.gov.uk

type debt recovery in the search engine on the top right.

Hope this helps
 
It happens if you do more than domestic work. I did a job for a local council in September, just got the money this week after lots of chasing, only £450 but I was well peed off.
 

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