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LEGAL TIPS

#001

Include interest provisions in your contract - unpaid invoices can grow quickly if interest is added.   California allows 10% interest per year per Cal. Civ. C. § 3289.  

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#002

Adding an attorneys' fees provision in your business contract for collecting on unpaid accounts is another great way to add "teeth" to unpaid accounts.  

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#003

Offer various ways to get paid.  Some clients don't feel comfortable putting a check in the mail so offering payment via online credit card or Zelle/Venmo can increase your chances of closing out back due accounts.

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#004

Be consistent and firm in sending reminders about unpaid accounts; but if the client keeps ignoring you then it's time to consult with a lawyer.  Vault Legal can help you get your accounts paid without costing you anything up front!

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