Preston Law - Cairns Largest Law Firm

Debt Collection

The recovery of revenue from customers is paramount to the success of any business. 

From time to time, most businesses encounter customers who are either slow payers or simply refuse to pay.  Debt collection is accordingly

Debt collection is a process by which debts are extracted from customers who are either unwilling to or incapable of paying their debts as and when they fall due.  Our debt collection team have developed a myriad of techniques (rather than simply reverting to litigation) to assist our clients in recovering debts from their customers both efficiently and cost-effectively. 

Our services:

  • Debt recovery
  • Letters of demand;
  • Credit agreements;
  • Statutory demands;
  • Winding up debtors;
  • Bankruptcy notices and proceedings;
  • Caveats; and
  • Securitising debts.

Results for clients:

  • Acting for an architect in respect of the successful recovery of in excess of $250,000.00 in fees owing from a client of the architect.
  • Acting for a real estate agency in the successful recovery of commission from a client. In undertaking this assignment, we not only prosecuted an action to judgement in the Magistrate’s Court but were also successful in resisting a subsequent appeal in the District Court made by the client.  In both instances we obtained orders that our client’s costs be paid by the defendant.
  • Acting for an engineering workshop in respect of the recovery of $65,000.00 in unpaid invoices including the enforcement of liens against certain assets held by customers.

 

Call Us Now and let us help you get that outstanding debt collected

 

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