If you are trying to look after your finances in general, one of the main things to focus on is that you are getting what you are owed when you need it. Being owed money is something that can be a bit of a mixed blessing, but in general you will of course want to make sure that you are getting the money you are owed in good time. However, that is not always easy to do – the money may not be forthcoming for some reason or another, and you might find that you need to chase it more than you would like.
In this post, we are going to take a look at some of the essential ways in which you can get the money that you are owed. You might find that the following is going to help you keep your finances in tact so much more easily.
Speak To Your Debtors
If you are owed money by individuals, the first thing to do is to ensure that you are speaking to them. It’s only by speaking to them that you can really get to the bottom of the situation, including finding out why they haven’t yet paid you and when you can expect to be paid. If you don’t speak to them, not much is likely to happen. Very often, they are not going to come to you to say that they owe you money, and you’ll find that this is therefore something you need to be proactive about yourself.
With companies that may owe you money, the process might be different – but the general rule of thumb of getting in touch with them is generally going to be an important way to start the process going, so bear that in mind when you are owed money of any kind.
If there is a disagreement or dispute between you and your debtors, you might want to consider using a mediator to help you both see the other’s point of view. With the right mediation, it is very often going to be a lot simpler and easier to ensure that you are getting to the bottom of the situation, and therefore getting what you are owed much more easily and quickly. You will, of course, want to make sure that you find a mediator who has a great deal of experience and expertise, and who has the ability to bring you both into a mutual understanding. With the right mediation, it can be a much smoother and less stressful process, so this is certainly something you will want to consider.
Contact A Solicitor
If nothing is forthcoming, you may wish to contact a solicitor. Such a legal expert as this will be able to help you determine what kind of case you have, and can enable you to take legal steps to recover the money you are owed. Although that sounds drastic, in truth such ‘legal steps’ normally begin with simply sending a formal letter to the debtor from your solicitor’s office. Just doing this is often enough to get someone to pay you back.
Of course, you might even find that merely letting them know that you are contacting a solicitor can encourage them to begin paying you back. If so, you might want to work out with them some kind of solution, such as a payment plan – but make sure it is in writing and with both of your signatures, to ensure that it is more binding and they are more likely to pay attention to it.
It’s not always that you are owed money through a private debt, however. Sometimes you have simply been oversold something, or sold it improperly or incorrectly, and in such cases you are going to find that you might want to consider seeking compensation. There are so many kinds of compensation that you might claim in many different areas of life. It could be the claims undertaken by pcpclaims.com for instance, where you have been mis-sold car finance. Or it may be a personal injury situation at your place of work. In any case, be sure to get the help you need, and to make your claim as soon as possible.
As you can see, there is a lot to consider here, but the important thing is that you are doing all you can to get the money you feel you are owed. If you do that, you should be able to get it much sooner and with much less difficulty.