Don’t let poor cash flow hold your business back
Trade debtors can cause significant problems in running your business. It is important to ensure that debts are kept at a reasonable level and that no debtor be allowed to have an outstanding account for too long a period.
We at Southside Legal Gold Coast provide full debt recovery services. We can assist you with:
- commencing Court proceedings;
- progressing your claim;
- securing judgement;
- enforcing judgment;
- bankruptcy and liquidation;
At Southside Legal Gold Coast we have considerable experience in debt recovery. We understand the practical issues involved in recovering debts and also understand that you never wish to be spending “good money” chasing “bad money”. We aim to assist you to obtain the best possible solution.
Please do not hesitate to send us a free ‘no obligation’ enquiry by clicking on the ‘quick enquiry form’ that is found on the right hand side of this page. We will get back to you quickly.
Make A Free Enquiry
Call us now on 07 5598 3266 or click on the “enquire now” tab on the right hand side of this page and we will be delighted to help you.
Frequently Asked Questions
I am worried about taking on an insurance company. Should I do it?
There is no doubt insurance companies are well resourced to defend proceedings if they wish to do so. However notwithstanding the size of insurance companies, they are in the end corporate citizens who have to assess the viability of any claim made against them and make a sensible commercial decision. If they believe the claim is worthy, there is no reason why they will not resolve the claim at an early stage without forcing you to proceed to a trial. The important thing for you to consider is whether you have good prospects of success or not. An initial appraisal of your case and advice on whether you have good prospects of pursuing a claim will always be provided by the solicitors at this firm. You will be advised of the risks of pursuing any claim.
Do you do contract disputes?
We certainly do. We have considerable experience dealing with contractual disputes between business people.
Is it worth commencing Court proceedings?
This question has to be answered on a case by case basis. If we think that the expenses involved in pursuing a claim outweigh the benefits that can be obtained, we will advise you. As stated above, three questions must be asked and weighed up before committing to Court proceedings:
- How much am I seeking to recover?
- What will it cost me?
- What are my realistic chances of success?
The decision on whether to proceed or not is a balanced consideration of these three questions.
Why use a solicitor for debt recovery?
We have experience in pursuing debtors and have an intimate knowledge of the enforcement procedures available to you once you obtain judgment. On a successful conclusion of your claim, you will recover the bulk of your legal costs and outlays from the debtor. If you use a debt collection agency, they will retain a percentage of the debt for themselves.