Rachel Reeves, who chairs the Commons business committee, accused Carillion of “ruthlessly exploiting its position to bully contractors”.The government estimates that the economy would get a £2.5 billion boost if contractors were paid on time. The new regulations will come into force at the end of the month.Since Carillion collapsed, small companies have garnered a lot of rage and sympathy from the public. Accusations of corporate bullying have been rife, as many small companies feel too intimidated to challenge big companies themselves. This new regulation will hopefully give small businesses back their voice.Here at the Credit Protection Association, many of our small business members allow fears to overtake common sense, and unpaid invoices are left to pile up. Our role in the lives of many of our members is to guide them into a more safe and secure financial future. While this is easy for many, for some, the debtors are just a bit too arrogant, or a bit too sneaky, and getting our members back what they are owed, is not so simple. Bringing these late payers, non-payers and bad payers before a High Court will allow our members to feel powerful, while also warning others of the consequences.We must recommend business owners come to CPA first before attempting the courts, as we will resolve your case quickly and efficiently and without additional fees. Of course, if your debtor proves to be slippery we will recommend the appropriate next step.