Letter Before Action (LBA) is a formal letter to your customer that Court Proceedings will be commenced if the debt is not paid. The Court will expect that every effort is made to resolve the unpaid debt prior to the issue of a court claim.
If your debtor is a sole trader (or individual). As of 1st October 2017 it is no longer possible to send a standard Letter Before Action, you must adhere to the Pre Action Protocol for Debt Claims.
Pre Action Protocol Letter (PAP) - Where your customer is a sole trader or individual. Pleae contact credituk to discuss.
Late Payment Demand (LPD) - This is an alternative to the Letter Before Action. Under Late Payment Legislation interest and compensation can be claimed against your unpaid invoice(s). It is possible your terms and conditions may prevent you or a third party from making this charge.
e-collect is for those companies that issue in bulk, demand notifications for payment of outstanding debt. Less than the combined cost of a stamp, envelope and letterhead per demand with the added professional approach and presence of a third party debt management business.
Action
|
Cost (£)
|
LBA
– Letter Before Action - UK
|
5
|
LPD
– Late Payment Demand - UK
|
8
|
LBA
– Letter Before Action - Overseas
|
15
|
e-collect - Bulk Demand Notification (click to
view)
|
On
request
|
|
|