The do's and dont's of debt recovery: What to do when your business is owed money

In the latest episode of CDH Conversations, Director Tim Smit and Senior Associate Loyiso Bavuma from our Dispute Resolution practice unpack the practical realities of debt recovery in today’s challenging economic climate.From the importance of having clear, written contracts to maintaining disciplined credit control processes, they share actionable insights on how businesses can protect their cash flow and improve their chances of recovering monies owed.The discussion highlights common pitfalls clients encounter, such as informal agreements, poor record-keeping, and delayed action, and provides practical guidance on how to avoid them. Whether you are extending credit, supplying goods, or dealing with non-paying customers, this episode offers a clear framework on what to do (and what not to do) to safeguard your business and enforce your rights effectively.Click here to listen to the podcast.