Someone owes me money
Debt recovery can be a time consuming and stressful task. That’s where SPM Law come in. We have helped many clients recover debts and offer the following services:
Recovery Advice – performing company; property and personal searches to determine whether the debtor has any assets against which a debt may be recovered – after all, you don’t want to be throwing good money after bad.
Letters of Demand – sending letters to debtors which provide a deadline for the debt to be paid and foreshadowing court proceedings if the debt is not paid.
Statutory Demands – sending a formal demand under the Corporations Act for payment of an undisputed debt; which requires the debtor to pay within 21 days; failing which the company will be deemed insolvent and insolvency proceedings may be commenced.
Debt Recovery Proceedings – commencing court proceedings in the appropriate jurisdiction to obtain judgement against the debtor for the amount owed plus interest and costs.
Enforcement Proceedings – enforcing any judgement obtained against the debtor; whether by warrant for seizure and sale of property; enforcement hearings; or through bankruptcy and insolvency proceedings (where appropriate).
So if you need help to recover any bad debts, don't put it off, we can help so give us a call on 5440 4800 now.