Debt recovery - getting paid
In the current economic climate, recovering debts from your customers has become more difficult than ever.
Realistic advice
Our team will give realistic advice about the options available to you - pursuing reluctant payers through the courts can be time consuming and expensive. Litigation is just one strategic tool to recover your money. At the end of the day, if your debtors have no ready assets, you don’t want to throw good time and money after bad.
Commercial focus
We bring our experience in negotiation, commercial litigation and insolvency to provide you with the best advice for a commercial recovery.
In some instances a prompt, firm litigation strategy will apply the pressure needed for a reluctant debtor to pay up or commit to a reasonable repayment regime.
We appreciate that you will, in many instances, wish to maintain an ongoing relationship with customers whilst making sure that you get paid.
Do you have good terms of trade?
Talk to us about your terms of trade, to maximise your chances of recovery if things go wrong.
An ounce of prevention is worth a pound (and many dollars) of cure!
Small debts?
The unfortunate reality is that the law does not enable you to cost-effectively use lawyers to pursue small and sometimes even modest debts. This is because the courts only allow you to recover legal costs on a scale that represents a fraction of the real cost of legal services. For smaller debts the difference between the costs you pay and those you recover can significantly reduce the recovered amount.
Our team is happy to speak with you about your recovery options. If need to collect a small debt, you might be assisted by the information at the Magistrates’ Court website
