Customer refusing to settle invoices

One of our clients in the aerospace business had carried out maintenance on an aircraft owned by a Russian airline running up a bill of tens of thousands of pounds. The debtor refused to settle invoices, the aircraft was already back in their hands, and legal action was unlikely to get results.

SG Credit Management (SGCM) took a creative approach to the debt, investigating what ‘soft points’ the debtor may have. We quickly established that one of their aircraft regularly flies into the Czech Republic. SGCM contacted the debtor, threatening them with a specific litigation route that would result in their aircraft being impounded. The debtor made payment.