We dive into the common question “What is a late payment compensation claim?” and everything you need to know on the subject.
Did you know that, under UK law, your business may be entitled to compensation if you’ve received late payments from the public sector? Interestingly, many companies don’t know their rights when it comes to this legislation.
At latepaymentaction.com, we leverage our industry expertise to handle the complex claims process on your behalf. That way, you can receive the money you deserve without any hassle. We’ll take the driving seat, so you can focus on what matters: your day-to-day business operations.
Want more information about late payment interest claims? This comprehensive guide explores everything your business needs to know about claiming compensation for late payments from the public sector. You’ll discover:
What is a late payment compensation claim?
Who is eligible to make a claim?
The benefits of working with public sector late payment specialists
The best way to claim compensations for late payments is to work with a specialist. Since the legislation and process itself can be complex, specialist services can help you navigate it successfully.
At latepaymentaction.com, we understand that many businesses simply don’t have the time or the know-how to complete the claims process alone. That’s why we have designed a simple, four-step claims process. You simply fill out the claims package (we’ll send it to you once you begin the process), and we’ll handle the rest.
The amount of compensation you receive will depend on the size of the debt. These fixed rates can range from £40 up to several thousands. As such, we offer a free claim calculator to help you estimate the amount of compensation you’re likely to receive.
Should the public sector organisation dispute your claim, our expert team will leverage years of industry experience to get you the best result. We’ll negotiate on your behalf to ensure you get the money you deserve.
Working with public sector late payment specialists means you don’t need to know the ins and outs of UK legislation. That said, you can find clear overviews of the main legislation in our resource hub.
Our goal is to streamline the process so you can focus on your business. So, we’ve made our claims process as simple as possible.
The first step is to confirm you’re entitled to claim using our Eligibility Checker. If you are entitled to compensation, the next step is to check how much and read through our FAQ page. This page answers all of the most common questions about the process, giving you a clear idea of what’s to come.
Finally, begin the claims process, fill in the claims pack, and we’ll take it from there. Should you have questions or doubts at any point in the process, our experienced team is always on hand.
Late payment compensation claims provide businesses with a legal recourse to address untimely payments. As a result, they ensure your business is fairly compensated for the financial costs and inconvenience of receiving delayed payments.
However, since the process can be complex and vary depending on specific circumstances, it’s important to consult with a professional.
Latepaymentaction.com is one of the UK’s leading specialists, helping you to seek the compensation you deserve without the hassle.
Have you received late payments from the public sector? Get in touch today to see if you’re eligible for compensation.
latepaymentaction.com is a trading style of Nobu Statutory Ltd, a private limited company incorporated in England and Wales, whose registered number is 14408762, and registered address is Quarry Cottage, Swincliffe Top, Hampsthwaite, Harrogate, HG3 2HY.