If your client fails to make complete payments before the deadline mentioned on the freelancing contract, you have the liberty to take legal action in court.
This legal action and what it achieves varies depending on the country in question. To obtain your payments, you can file a lawsuit against your client if the payment due date has elapsed and you have still not received any funds.
An example of such a law that protects freelancers from late freelance payments is the “Freelance Isn’t Free” passed in New York City, USA in 2016. As part of this law, clients who do not pay the freelancers on-time are subject to legal consequences.
The law also dictates that for services valued at over $800, a contract must be signed between the two parties. If you’re in New York City and have pending payments, you can surely benefit from this law.
Similarly, in England, the Late Payment of Commercial Debt Act (1988) can be recognized as a law that helps reduce the late freelance payments. This act was further amended in 2002 to add penalties for late payment along with interest.
Under this amended act, it is mandated for your client to make payments to the freelancers within 30 days of submitting the work unless the fixed contract dictates another duration.