I know from talking directly to my clients about their businesses how tough current conditions are out there in the construction market place. Lots of my clients are having difficulty getting payments in from employers and contractors.

Current economic conditions have caused many companies to go into administration and many are on the brink. Numerous firms are owed money by companies which are in financial difficulties and/or administration and I am often asked, “how far is it worth pursuing a company in financial difficulty to recover debts?” The short answer to this question is as follows: (more…)