Bills are also subject to the statute of limitations: 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, however, it is too late - such as for all outstanding invoices from 2012, which will expire 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 send the Proof of dispatch to withhold. Especially if there is no documentation of the previous billing letters yet.

TipFirstly, check whether the debtor - e.g. the company - still exists and whether the address details are correct.

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Fixed payment date for invoices

It also makes sense to set a fixed deadline for payment. If this deadline is not met, you can cancel your requirements to your trusted lawyer, who can ensure that your claim is not time-barred.

Caution: In the case of time-barred claims, the debtor can use the "defence of limitation" as a legal remedy to make your claim legally void. It is therefore important to include a statement on the Waiver of the defence of the statute of limitations 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 is always the case in legal disputes, it is important to consider whether it is worth the effort. For small requirements and little chance of success, you can save yourself the procedure. And usually these are the debts that have been forgotten.

Of course, the statutory limitation period only applies if the Contract no other arrangement has been agreed. Then you can look forward to the end of the year with peace of mind!