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 to pay or simply refuse to pay. Unfortunately, debt collection is an unavoidable part of business.
Debt collection is the process of extracting money from customers who can’t or won’t pay their debts on time.
Debt Recovery Services
Our debt recovery lawyers have a variety of techniques to help our clients recover debts efficiently and cost-effectively. Rather than simply reverting to litigation, we have a range of services to help recover outstanding debts.
- Debt recovery
- Letters of demand;
- Credit agreements;
- Statutory demands;
- Winding up debtors;
- Bankruptcy notices and proceedings;
- Caveats; and
- Securitising debts.
Successful results for clients include:
- Recovery of over $250,000 in fees on behalf of an architect.
- Recovery of commission for a real estate agency, winning in the Magistrate’s court and successfully defending a subsequent appeal in the District Court. In both instances, we obtained orders that the defendant pay our client’s costs.
- Recovery of $65,000 in unpaid invoices for an engineering workshop. This included enforcing liens against certain assets held by customers.
If you need to talk to an expert about debt collection in Cairns, Townsville or anywhere in Australia, our lawyers can assist.