Gino
Premium Subscriber
Okay, so for the most part, you have NO paper trail whatsoever.
You are completely out of luck from a legal standpoint. Also, unless your quote and/or invoice has stated terms for your collecting interest on unpaid balances, you can't do something which was not agreed upon. 30% is not at all realistic. More like a service charge of 1-1/2% per month (18% per annum) for invoices more than 30 days old. However, you didn't warn them of this, so I'm afraid on your deal, you're gonna have to wait until someone coughs up the money or stop doing business with your so-called friends.
You are completely out of luck from a legal standpoint. Also, unless your quote and/or invoice has stated terms for your collecting interest on unpaid balances, you can't do something which was not agreed upon. 30% is not at all realistic. More like a service charge of 1-1/2% per month (18% per annum) for invoices more than 30 days old. However, you didn't warn them of this, so I'm afraid on your deal, you're gonna have to wait until someone coughs up the money or stop doing business with your so-called friends.