Debt Recovery Professionals

11.09.2023
Debt Recovery Professionals

Getting the money your owed paid can sometimes not happen as it should.

You’ve provided the services and/or product, but your customer or client just won’t pay!

It’s not fair and there are things you can do to help recover monies owed to you.

Even if you’re just looking for advice at this stage, our friendly team of debt recovery lawyers can provide advice and feedback on your case and you can consider your position before making a move.

Ways You Can Get Help Recovering Your Debt

Suffering with the headache of unpaid debts doesn’t have to keep you up at night.

There are many different avenues and organisations that can offer you advice and help, some of which are listed here:

  • Community legal centres offer advice and assistance with letter writing and filling out court forms
  • Small business commissioner or ombudsman help to represent the interests of small businesses
  • Legal aid can assist with cases that have serious legal action but you can’t afford to pay for yourself, you need to check if your case and situation qualifies
  • Small claims tribunals which help with quick, simple, legally-binding solutions, without having to use a lawyer or deal with court procedures
  • Debt collection agencies can assist with pursuing the debt
  • A professional and experienced debt recovery lawyer, like TY Lawyers Chatswood can manage all aspects of your case, providing tailored advice relevant to your individual situation and provide the best possible chance of winning with relation to court case management

So consider all of these options and if they are suitable to your individual situation.

Steps In Recovering Your Debts

There is a process to follow when trying to recover your debts and it includes:

  1. Initial letter of demand

A well-drafted letter of demand prepared and set by a lawyer can resolve debt in most cases. TY’s team of Debt Recovery Lawyers in Chatswood have a high success rate, with over 80% of debtors responding to our letter.

  1. Mediation

If the letter of demand does not work, mediation is the next step.

  1. Legal proceedings

If mediation fails, the next step is formal legal proceedings with a small business lawyer or debt recovery lawyer in Chatswood.

Then once a decision has been finalized, recovering your monies post judgment should be fairly easy.

On the off chance that you don’t get paid, there are measures you can take in terms of enforcing the judgment, which include:

  • Writs
  • Garnishee order
  • Examination notice
  • Bankruptcy

TY Lawyers Chatswood Full Suite Of Legal Services

Not only can we assist you as debt recovery lawyers in Chatswood, our team of professionals at TY Lawyers are here to assist in removing the stress from paperwork, ensure your small business is compliant and legally protected, or provide the conveyancing for you to purchase your dream home.

If you find yourself in a position where you’re owed money or an invoice has not been paid, contact TY Lawyers for a confidential discussion to discuss next steps. 

Call our friendly team today on: 02 8007 0135.

 

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