Use this amendment: 

• To confirm a debt that has not been documented, or to make changes to the repayment.
• That the debt arises from a loan or invoice, whether private or commercial, in pounds or foreign currency.
• Whether the debt is interest-free, with simple or compound annual interest, or interest only.
• Whether or not you wish to impose additional guarantees and restrictions on the debtor.
• Whether or not you wish to provide for penalties and enforcement measures in the event of late repayment.

Protect yourself legally as a creditor with the following options: 

• Prohibition on selling significant assets, taking on debt or giving more advantageous security to third-party creditors. 
• Obligation to regularly confirm declarations, disclose financial statements or tax returns, subject to immediate termination. 
• Interest on arrears and reminder charges in the event of late payment, with the debtor obliged to cover any legal costs in the event of enforcement. 

• Immediate termination in the event of a change of control, bankruptcy, or insolvency of the debtor. 
• Cancellation of the instalment plan and demand for immediate repayment in full if an instalment is overdue. 

Safeguard your interests as a debtor by using the following clauses: 

• Flexible calculation of simple interest with the option of a single or regular payment. 
• Option to specify a single interest rate that does not depend on the term of the debt. 
• Option to accumulate compound interest over different periods. 
• Limitation of reminder charges. 

Use this contract: 

• If you have a claim against a limited company incorporated in the United Kingdom.
• Whether or not you are already a shareholder or partner in the company.
• Whether the claim is in pounds or a foreign currency.
• To convert all or part of the claim into the company’s share capital, which may or may not have to be increased accordingly, with an additional issue.

Protect yourself legally with the following options: 

• Introduction of a condition precedent to conversion to be satisfied by the company or the creditor. 
• Possibility of issuing, selling or buying back and reselling shares to satisfy the creditor. 
• Imposition of a final deadline for everything to be formalised, registered and any necessary authorisations to be obtained, failing which the debt will have to be repaid. 
• Stipulation of restrictions and privileges on the shares, as well as indication of the paid-up amount of the capital in the event of partial payment. 

Use this document: 

• To guarantee any debt, in pounds or foreign currency.
• Whether the guarantee covers a definite debt, specific debts or indefinite future debts, up to the overall guarantee limit.
• Whether or not the guarantee is subject to the debtor’s counterclaims and defences.

Use the following options to optimise the warranty conditions: 

• Capping of the total guarantee amount. 
• Additional cover for execution costs, penalties, and interest for late payment, up to the maximum limit. 
• Transferability of the guarantee to any assignee of the debt if assigned by the creditor. 
• Grace period during which the creditor must sue the debtor before the guarantee, and deadline for the validity of the guarantee. 
• Possibility of raising the same exceptions or objections that the debtor could raise against the creditor (dependent guarantee). 

Use this document: 

• If you have a claim against a private individual or company.
• Whether the claim originates from any source, in pounds or foreign currency.
• To waive all or part of the claim in favour of the debtor, without consideration.

Protect yourself legally with the following options: 

• Unequivocal statement of the amount of the claim, together with interest, costs and penalties accrued to date. 
• Possibility of waiving all or part of the claim. 
• Imposition of a condition precedent to be met by the creditor or debtor. 

Use this contract: 

• When you have claims against a debtor, in pounds or foreign currency.
• To assign the claim, in whole or in part, to the assignee.
• If the debtor’s agreement is required for the assignment as indicated in the initial agreement with the debtor.
• Whether the assignment is free of charge, for a price or for a collection fee.

Use the following options to optimise the conditions of the assignment: 

• Possibility of assigning receivables in principal, with contractual interest, interest on arrears, costs and penalties accrued to date. 
• Conditions precedent to assignment and additional guarantees from assignor to assignee. 
• Flexibility in the calculation and payment of the commission or price for collection. 
• Closing costs to ensure minimum remuneration for the assignee, regardless of collection success. 

Use this contract: 

• When you have claims against a debtor, in pounds or foreign currency.
• To assign the claim, in whole or in part, to the assignee.
• If the debtor did not prohibit the assignment in his initial agreement with you.
• Whether the assignment is free of charge, for a fee or for a collection commission.

Use the following options to optimise the conditions of the assignment: 

• Possibility of assigning receivables in principal, with contractual interest, interest on arrears, costs and penalties accrued to date. 
• No agreement from the debtor and confidentiality of the terms of the assignment. 
• Flexibility in the calculation and payment of the commission or price for collection. 
• Conclusion fee to ensure minimum remuneration of the assignee, regardless of collection success.