Change your terms & conditions / Contracts
Discussion
We are asked all the time by our clients can we add the debt recovery fees to the debt, IE claim our fees back from the debtor. The answer is no, unless you have made an explicit provision for this in your T & C's / contract with the client (debtor).
So the next time you review your terms or draw up a new contract it may be worth adding this in. Its better to have this in your terms and not need it, than to need it and not have it.
So the next time you review your terms or draw up a new contract it may be worth adding this in. Its better to have this in your terms and not need it, than to need it and not have it.
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