" without any need to start bankruptcy or receivership procedures against the Purchaser."

Контекст:

[company's name] reserves the right to charge interest accrued on due payments withheld by the customer or received past the expiry dates agreed upon in writing without any need to start bankruptcy or receivership procedures against the Purchaser.

заранее очень благодарен, спасибо

имхо: хочут брать проценты за {...}, и чтобы им не надо было [ради этого] заводить бодягу с { bankruptcy or receivership }