Debt Collection for Engineers

All industries face issues related to debt collection and the payment of monies owed for goods supplied or services supplied. Engineers are no exception. In fact, since Engineers are often involved in the Building and Construction Industry which has a very high incidence of debt collection problems related to the non-payment of debt. THere are so many dsiputes between builders and their employers that it is little wonder that there are also a lot of disputes between engineers and their clients in relation to the payment of fees.

WHat can be done in relation to a debt if you are an engineer?

The normal debt collection processes apply if you are an engineer and you have not been paid. There is the standard process of escalating methods of debt colelction enforcement. THe first step is to call the client and ask them why they haven’t paid their bill. IN many cases, it is simply the case that they haven’t paid because they are forgetful or have poor administration in thier business. Often these types of debtors will respond to a simple phone call asking for the debt to be paid. The next step if a series of phone calls is made which has not resulted in the desired outcome is to send a debt collection letter. THis normally involves sending a payment reminder notice at first and then a debt collection letter in the form of a letter of demand. A letter of demand is a document which gives notice that if the amount which has not been paid is not paid within a specified time period, usually between 7 and 14 days, legal action will commence without further notice to the debtor.

There are then the continuing standard processes involved in the legal collection process of a debt. THis may involve garnishee proceedings, repossession or bankruptcy. If you have any questions, you can post them to a lawyer below or you can post your matter for a free intial assessment using the form to the right.

Debt Collection Letter Resources