What legal steps can I take for late payments?
You can start by sending a formal demand letter to the debtor. If that doesn't work, consider small claims court.
What should I include in the demand letter?
Include the amount owed, the due date, and a request for payment by a specific date. Be clear and professional.
How long do I have to wait before taking legal action?
Typically, you should wait at least 30 days after the due date before pursuing legal action, but check local laws.
What if the debtor refuses to pay even after the letter?
If they refuse, you may need to file a claim in small claims court or consult with a lawyer for further options.
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