Am I entitled to compensation?

If your contracts and invoices are of a commercial nature (i.e. if they are from your business to another business) you will be able to claim compensation.

If the debt is below £1,000.00 you are entitled to £40.00, if it is between £1,000.00 and £10,000.00 you are entitled to £70.00 and if it is above £10,000.00 you are entitled to £100.00.