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Oct 30, 2020

How to Approach Debt Collection If A Company Becomes Insolvent

Insolvency is the circumstance of being unable to pay the debts, by a company or person, on time. Insolvency becomes an issue when a creditor seeks to collect, and the debtor can’t pay what’s due. Just because a company has or is about to enter insolvency, it does not mean the company has lost everything and they cannot pay you back. read more...
Oct 20, 2020

Personal And Business Debts Aren’t The Only Debt Troubling Australians

What is going on with government debt as states and territories report budget deficits? At the beginning of October, rating agency Standards & Poor’s released a report stating that the Reserve Bank of Australia may need to support the states and territories through the coronavirus recovery, by buying more of their debt. read more...
Oct 9, 2020

Five Tips For Managing Debtors Effectively

There is no doubt that debt collection and creditor management is a sensitive topic. However, the reality is that unless your business relies entirely on being paid before goods or services are provided, there is a very high likelihood that at some stage you will have revenue owed in the form of debts that have to be recovered. read more...
Sep 28, 2020

Common Misconceptions Of Hiring Debt Collectors

The truth about debt collectors and how they can help your business. Outstanding invoices and debt can be a nuisance to any business. Sometimes no matter how hard you try to handle it yourself; the debt eventually turns into bad debt and you have no luck receiving it from the debtor. read more...
Sep 18, 2020

Relationships And Timing – The Key To Successful, Responsible Debt Recovery

As a consequence of the global impact of the COVID-19 pandemic, Australia’s economy is in recession for the first time in three decades. Unemployment is hitting highs that haven’t been seen since the 1980s and the Commonwealth Government is set to wind back some of its income support measures, such as Job Keeper. Many households and businesses are feeling the financial pinch and it’s not likely to ease in the short term. read more...
Aug 27, 2020

Professional Credit Management – Expert, Specialist, and Relationship Driven

Managing the collection of overdue credit is a sensitive topic which requires an expert and professional approach in order to best manage the interests of all parties. When many people hear the term debt collection the image conjured up is one of burly men making threatening house calls. In these modern times, nothing could be further from the truth. read more...
Jul 25, 2020

Effective Debt Collection Is About More Than Just A Transaction

Debt management is not an easy task. As time passes, the likelihood of recovering unpaid funds reduces significantly. If you’ve been unsuccessfully trying to recover debts owed for several months, then it’s probably time to consider engaging an expert credit management agency to take on the challenge. read more...
Jun 27, 2020

Benefits of Hiring a Commercial Litigation Company

Commercial litigation is a more specific part of business law, and as a business owner, you need to be aware of the legal aspects of running a business too. This calls for the expertise of a commercial litigation lawyer for your company. A commercial litigation lawyer can help you navigate the legal intricacies of running a business, draft contracts and agreements for you, offer advice on debt recovery, and deal with contractual and commercial disputes for you, among other assistance. Read on to learn about the several ways in which a commercial litigation company or lawyer can help you manage your business. read more...