Probably the largest single problem encountered by the Legal fraternity in dealing with debt recovery matters is this: Too many clients wait until it is too late before taking any form of action.
Whether one is dealing with relatives, friends, partners, business or commercial activities; the tendency is for everyone to give too much latitude to debtors in many scenarios. It is a regrettable fact that many people believe that by extending credit for an extended period of time is the most efficient way to maintain relationships: whether they be business or personal, and that the relationship will continue on as before.
Coopers Lawyers understand the importance of having an efficient and effective approach to debt recovery in Melbourne. We offer a comprehensive debt recovery service which enables a speedy and cost effective result.
Business Debt Recovery
If your business is experiencing a client debt problem, or customers who refuse to pay or disputes over goods or services, we can assist you. We can leverage our experience & knowledge in business debt recovery helping you recover money owed to you by customers. From initial demand letters through to litigation and enforcement, we have a proven success ratio.
Debt Collection from Individuals to Multi-nationals
Coopers Lawyers have recovered large sums for many satisfied clients: ranging from debt collection for individuals to debt collections for national and multi-national corporations, as well as debt collection agencies. We can assist you with all aspects of your situation: From negotiations, drafting statements of claim and other court documents, drafting and advising upon credit forms and terms of trade, as well as representing you in court.
How we ensure your debt is paid
There are several methods that we use to ensure you collect your money. They include:
- Skip tracing and field calls
- Letters of demand
- Alternate dispute resolution
- Suing for the debt
- Seizing your debtor's goods and selling them at auction
- Forcing your debtors to attend a public examination at court where they are questioned on their assets and liabilities
- Garnishing their wages
- Bankrupting your debtor
- Winding up your debtor's company
- Registration of a caveat on the debtor's land
Credit Agreements – Protecting You, Protecting Your Debts
The fundamental premise of successful debt recovery is that prevention is better than cure. Therefore, we work with our clients to review and rework their Credit Agreements, processes & terms of trade. We have also proved that this cost-effective and simple approach delivers results. A correctly structured Agreement can save you vast sums in future ligation.