When to Take Legal Action Over Late-Paying Customers
Have a client who is painfully late paying your fees? There are a number of factors you'll want to consider before rushing to take legal action against that client, says attorney Nina Kaufman. You'll need to determine whether the amount of money that's at stake is worth fighting for -- meaning having to pay an attorney and putting in the time required to file a lawsuit. Also, taking legal action against a client could result with the client filing a counter claim against your business, Kaufman warns.