Worthingtons Solicitors

News and Articles

Debt Recovery

Recovering money owed to your business

05 February 2020 The Financial Conduct Authority’s recent survey (Financial Lives 2017) found that personal debt levels in Northern Ireland are the highest in the UK, with adults owing £670 more than the national average. The survey... READ

Personal debt levels in Northern Ireland highest in the UK!

26 March 2019 The Financial Conduct Authority’s (FCA) recent survey (Financial Lives 2017) found that personal debt levels in Northern Ireland are the highest in the UK, with adults owing £670 more than the national average. The... READ

Make customers aware of late payments policy

For many businesses pursuing and recovering business debt is a priority. The Late Payment of Commercial Debts (Interest) Act 1998 should be of interest as it inserts an implied term for interest, together with... READ

Trading Terms

Many businesses supplying goods and services do so on the basis of informal arrangements or inadequate terms of trade.  This can lead to considerable difficulties if things go wrong.  Businesses should therefore ensure that... READ

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