Not necessarily but is probably better speaking to those on UKBF forum, as there are lot of debt recovery companies on there and lots experience people who've been through the same.
Advice to the OP get a solicitor to draw you a contract up for members of the public and business. it will probably cost you around £100 but it will protect you in the future.
Advice to the OP get a solicitor to draw you a contract up for members of the public and business. it will probably cost you around £100 but it will protect you in the future.