We recognise that people can sometimes experience financial difficulty which could lead to them falling behind on their payments, resulting in arrears building within their account. If you find yourself experiencing financial difficulty and you’re struggling to pay your factoring account, MPS are here to help; please contact us and we can work with you to agree an affordable and acceptable payment arrangement.
We can talk to you about:
- Paying your arrears in instalments
- Benefits you might be entitled to but are not currently claiming
- Support on welfare rights and money advice services
The Company will always pursue owners who fail to pay their accounts. A sequence of actions will be carried out when an account is outstanding, including the instruction of legal action. Any expenses incurred from legal actions will be levied to your account.