Debt Recovery

We can assist you with:

Our Debt Recovery services are tailored to assist individuals and businesses in efficiently resolving outstanding debts while navigating the complexities of the legal landscape. 

We provide a comprehensive suite of services including:

  • Drafting and serving letters of demands
  • Statements of claims
  • Creditors petitions
  • Creditor’s statutory demand

Our team prepares formal letters of demand that clearly outline the debt owed, including any accrued interest or fees

These letters serve as a crucial initial step in the debt recovery process, compelling debtors to promptly address their financial obligations. Our letters are aimed at maximising their effectiveness in securing payment without the need for legal action.

In situations where negotiations and letters of demand do not yield results, we are prepared to initiate formal legal actions on your behalf.

We prepare statements of claims which particularise the points of claim and specify the amount of damages which are then filed with the appropriate court.

In situations where you presume your debtor is bankrupt, our team can help you apply to have the person made bankrupt or place the corporate debtor entity into liquidation if the debt is not paid.

The procedure requires drafting and serving a creditors petition (individual debtor) or creditor’s statutory demand (corporate debtor) and following a stringent timeline and procedure to ensure your interests are protected.

Under Section 111 of the Conveyancing Act 1919 (NSW), we skilfully navigate the intricate process of executing the power of sale as stipulated in security and mortgage documents.

Our comprehensive services extend to drafting essential legal documents, encompassing notices to vacate, the appointment of receivers and managers, and the selection of agents to act on behalf of the mortgagee.

Furthermore, our expertise extends to drafting contracts for sale pursuant to the powers vested in the mortgagee in possession, streamlining the process of property sale and recovery of outstanding debts. With a meticulous approach, we ensure that every step aligns with legal requirements while efficiently advancing your debt recovery objectives.