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We had looked at Factoring, but the profit margins in Domicilliary Care are so low that paying factoring costs of anywhere between 0.5% and 5% are just not realistic. With only 60 or 70 invoices a month, the rates are going to be towards the top of that scale.
Some of are clients are on what...
T's & C's are irrelevant now. The money is owed, and will EVENTUALLY get paid. The problem is that there is no-one who can authrise the payment at the moment, and we need to pay our staff.
Thanks Alyson.
The client is not a tenant - They were living in their own home. We are a domicilliary care agency, not a care home.
I am chasing SS to find out whether or not they have started proceedings for a deputyship. Unfortunately, that could take 6 months or more to set up.
@Mr D - Local SS were told 4 months ago, but seem to be dragging their heels....
We are concerned on the client's behalf. Winter is coming, and there is no heat on in the house. It will be getting damp. House could be subject to water damage etc etc. Not to mention other bills which could be...
We retain a solicitor for personnel matters, but have never had anything else where we needed legal advice. Waiting to speak to a family law solicitor who acts as Deputy for another client.
A Debt collection agency can't do anything. There is money in the bank, but the client cannot even sign a...
We run a Home Care agency. 6 months ago, a client had a bad fall, and has been in hospital or a care home since. We have several large invoices outstanding (for their Home Care costs), but since their fall, they no longer have capacity to manage their affairs.
The client is a home-owner with no...