To protect your cash flow you need to ensure that your business can collect bad debt. This is a common area of business risk. Our lawyers are experienced with the legal process of debt recovery in New South Wales. We can help you at any stage of this process of recovering a business debt, whether it is helping you write an effective and legally admissible letter of demand, or pursuing the matter through the Court system.
Our debt recovery lawyers are familiar with the process of enforcing Judgment including payments by installments, seizure of property through the Sheriff’s office, examination summons, garnishee orders, and bankruptcy/winding up proceedings.
We are also well aware of the costs of debt litigation and can advise you on whether it is commercially viable to proceed to Court.
Another way we assist you to protect your business against bad debt is to review your contracts, trade agreements and terms of trade. We can help to make sure that your terms are clear and your processes solid so that you can avoid lengthy and costly litigation proceedings in the future.
Contact us to discuss the specific details of your business debt with an experienced debt recovery lawyer in the Camden area.