Seven ways to limit your costs in litigation

Seven ways to limit your costs in litigation

Estimated reading time: 3 minutes

Litigation is often an expensive exercise and legal costs can fluctuate quickly. Here are 7 ways to help limit the costs involved in litigation.

What to Consider When Seeking a Mortgage from a Debtor

What to Consider When Seeking a Mortgage from a Debtor

Estimated reading time: 10 minutes

When you lend money, or offer goods or services on credit, how do you protect your interest in the case of non-payment of the debt? In this article, we consider how you might secure this debt with an interest in land. Key mechanisms for doing this are via a ‘charging clause’ in a director’s personal guarantee, and/or via registration of a mortgage.

What is a personal guarantee?

What is a personal guarantee?

Estimated reading time: 11 minutes

A personal guarantee is a promise by a person to be answerable for a debt or obligation of another person/entity in the event that person/entity defaults. Seeking personal guarantees from directors is a common way for SMEs to limit their risk in commercial credit arrangements with other SMEs.

Business Mindset

Business Mindset

Estimated reading time: 4 minutes

When a business hits rocky times the directors of SMEs need to develop a clear business strategy. What is your end game? Business continuity or business exit?

B2B Debt Recovery

B2B Debt Recovery

Estimated reading time: 10 minutes

All businesses that provide goods or services on credit should ensure that their credit application process protects their position in the case of non-payment, as much as possible.