Bills also expire: Last chance for 2012
8 Dec

Bills also become time-barred: Last chance for 2012

Do you feel the same way? We've only just returned from our summer holidays and we're already slipping into the new year with lots of good intentions. For some of them, however, it is too late - for example, for all outstanding bills from 2012, which will become statute-barred at the turn of the year. You still have the chance to claim all outstanding amounts.

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Written invoices

It is important ?today rather than tomorrow ? to draw up a written invoice and to Proof of dispatch to withhold. Especially if there is no documentation of the previous billing letters yet.

TipFirst of all, check whether the debtor - e.g. the company - still exists and whether the address data is correct.

Fixed payment date for invoices

Furthermore, it makes sense to set a fixed deadline for payment. If this deadline is not met, you can cancel your requirements to the lawyer you trust, who can ensure that your debt claim is not time-barred.

Caution: The debtor can use the 'plea of limitation' as a legal remedy for time-barred claims in order to make your claim legally void. Therefore, it is important to add a statement to your invoice on the Waiver of the defence of limitation be enclosed. This should include a date by which the new deadline for payment of the debt will expire. But be careful this time!

When the court is not worth it

As always, in the case of legal disputes, it is necessary to consider whether it is worth the effort. With low requirements and little chance of success, you can save yourself the procedure. And usually these are the debts that have been forgotten.

The statutory limitation only applies, of course, if in the Contract no other regulation has been established. Then you can face the end of the year calmly!

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