BBC NEWS Americas Africa Europe Middle East South Asia Asia Pacific
BBCi NEWS   SPORT   WEATHER   WORLD SERVICE   A-Z INDEX     

BBC News World Edition
 You are in: Business  
News Front Page
Africa
Americas
Asia-Pacific
Europe
Middle East
South Asia
UK
Business
E-Commerce
Economy
Market Data
Entertainment
Science/Nature
Technology
Health
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
SERVICES
-------------
EDITIONS
Monday, 11 November, 2002, 14:26 GMT
The weird ways in which firms avoid bills
A desk with overdue bills
Disorganised accounts departments are partly to blame
When it comes to avoiding paying a bill, some firms, it seems, will go to any lengths.

Excuses given by firms for non-payment of debt range from the mundane to the outright strange, the Credit Services Association (CSA) the debt recovery industry body said.


The more frequent excuses are less exotic more to do with cashflow or inefficient accounts departments

Ken Waters, president, CSA
The survey of 160 CSA members found that common excuses such as the "finance director off sick" or the firm "waiting for payment from debtors" were still commonplace.

However, some of the excuses offered were at best obscure and at worst simply daft.

Car boot sale

One debt recovery firm reported that it had been told that a bill remained unpaid because the director was in Barbados and could not be disturbed.

Another reported that it had been told that it would receive payment only after the debtor had made enough money at a car boot sale.

Strange excuses
The cheque flew out of the car window onto the M25 motorway
The director is in Barbados and cannot be disturbed
The director has been detained by customs officials at the airport
Debtor needs to raise money at a car boot sale

Source: Credit Services Association (CSA)

Other debtors cited less bizarre reasons for non-payment, such as difficulties with converting to the euro and the falling stock market.

However, the most common excuse within the commercial sector was that the company is suffering financial problems.

"The more frequent excuses are less exotic more to do with cashflow or inefficient, disorganised accounts departments," Ken Waters, CSA president, told BBC News Online.

See also:

21 May 02 | Business
04 Dec 01 | Business
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Business stories are at the foot of the page.


E-mail this story to a friend

Links to more Business stories

© BBC ^^ Back to top

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East |
South Asia | UK | Business | Entertainment | Science/Nature |
Technology | Health | Talking Point | Country Profiles | In Depth |
Programmes