Most people do not understand the actions and procedures that
can be taken when a person or a company fails to make payment when
due. The options available to you can also vary based on the nature
of the debt and different strategies may need to be adopted for
different people.
For example, recovering debts for amounts over $6000.00 is
usually dealt with differently to debts that are under that amount.
If you are owed money by a company rather than an actual person,
there are steps that you can take to accelerate the process of
having your request for payment addressed, even if you are owed as
little as $2000.00.
Alternatively, it may be that obtaining security for a debt
which was previously unsecured is sufficient to give interim
satisfaction until the debt can be paid in full.
At Andersons, we deal with simple enforcement of debts,
repossessions, liquidation and bankruptcy matters, workers liens
and where possible, lodging caveats and charges to secure
debts.
On the other side of the coin, if there is an action against you
but you believe the debt is invalid, or that you have a
counterclaim or that you will have the means to make payment if
given the chance, we can also help you to protect your
position.
Call Andersons Solicitors on 8238 6666 to arrange a consultation
with one of our experienced Commercial lawyers.
