I suspect I already know the answer to this but here goes.
My client last paid one of my invoices last October.
From then he came up with every excuse under the sun not to pay my remaining invoices. I haven't worked for him since April when I realised he couldn't pay anytime soon.
I sent a letter in August with the amount he owed and a deadline to pay it by after getting fed up of empty promises.
He totally ignored this. I was looking round at solicitors, but holding off on any further action as I didn't have the funds to pay for it, when he rang me about 3 weeks ago.
He wanted me to agree to not take legal action while he sorted out his business, got his money troubles in order and then he'd pay. This would take 3-4 months he said. (I think it's called a Company Voluntary Agreement)
He said he needed to have the agreement of all of his creditors to do this. If not then he would have to wind the company up and I would get nothing.
So by email I agreed to this, he needed a reply by 28th September. Since then he has not contacted me.
Speaking to an ex-colleague (and a permie) last night (I am now working for a different client) he told me that he (the colleague) is being made redundant on Friday.
He told me the client didn't get the agreement of the Inland Revenue and 1 other creditor. The assumption is the company is going bump.
So the question is, assuming that does happen, is there any action I can take to get what is owed (£25k) and how do I do this? Am I best seeking a solicitor?
I'm guessing the answer is going to be if the company has gone due to lack of funds there is not a great deal of point spending money in court fees to get blood out of a stone.
Thanks in advance.
My client last paid one of my invoices last October.
From then he came up with every excuse under the sun not to pay my remaining invoices. I haven't worked for him since April when I realised he couldn't pay anytime soon.
I sent a letter in August with the amount he owed and a deadline to pay it by after getting fed up of empty promises.
He totally ignored this. I was looking round at solicitors, but holding off on any further action as I didn't have the funds to pay for it, when he rang me about 3 weeks ago.
He wanted me to agree to not take legal action while he sorted out his business, got his money troubles in order and then he'd pay. This would take 3-4 months he said. (I think it's called a Company Voluntary Agreement)
He said he needed to have the agreement of all of his creditors to do this. If not then he would have to wind the company up and I would get nothing.
So by email I agreed to this, he needed a reply by 28th September. Since then he has not contacted me.
Speaking to an ex-colleague (and a permie) last night (I am now working for a different client) he told me that he (the colleague) is being made redundant on Friday.
He told me the client didn't get the agreement of the Inland Revenue and 1 other creditor. The assumption is the company is going bump.
So the question is, assuming that does happen, is there any action I can take to get what is owed (£25k) and how do I do this? Am I best seeking a solicitor?
I'm guessing the answer is going to be if the company has gone due to lack of funds there is not a great deal of point spending money in court fees to get blood out of a stone.
Thanks in advance.
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