In the business world, disputes related to unpaid debts are inevitable. But before going to court, amicable conciliation remains the wisest and most cost-effective route.
The Benefits of Conciliation
Conciliation allows you to preserve the business relationship, avoid significant legal costs and obtain a quick settlement. In 70% of cases, a well-drafted formal notice is enough to trigger payment.
How to Proceed?
Start with direct and professional communication, then move to a formal notice if necessary, before considering any legal proceedings.
