Originally posted by gerryW
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Common sense says you would try to get client to pay you direct but if the client has a ounce of legal knowledge they will not do that as legally they will still be obliged to pay the agency (or in this case the liquidators) the full amount, thus they could end up paying twice.
Sometimes you get a liquidator that will work out a deal, either to just get the agencies commission and allow you to keep what is owed (very rare) or they "sell" the contracts to another agency and new agency take on the obligations. But in today's market agencies able to fork out that kind of money will be slim on the ground
Hate to tell you this, especially if you are owed 3 months (why why why did you let it go so far?!?!?) but if liquidators do not work out a deal to sell the contracts you will be lucky to see a fraction of the money owed to you, and even that fraction will be a long long time coming
I seriously hope you all have not been continuing to turn up on client site since you heard about the liquidation and also hope you have contacted a lawyer by now (the liquidator is NOT your friend nor on your side, do not, under any circumstances, be taking advise from them).
Oh yeah and in regards to you question, do not submit any more invoices until you consult a lawyer. Invoices at the moment mean money for liquidator and his clients, they do not necessarily mean money for you
Other than that, sorry to hear about this, it can really mess your life and finances up, as I know from hard personal experience
And to anyone else, this is exactly why you don't accept payment terms from agencies that leave you over exposed, especially in current market. From the first day of work until payment you never want much more than 5 weeks exposure (less is even better). Monthly invoices with 30 day payment terms can mean you are 8 weeks+ out of pocket before you even get an hint that something is wrong.
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