The average business owner spends 12 days per year chasing unpaid invoices. Instead of losing valuable time, let us handle the debt recovery so you can focus on growing your business and increasing profits.
We’ll take care of the legal side, ensuring compliance with court procedures and helping you avoid mistakes that can lead to significant delays and added costs.
We help you make informed decisions by conducting initial investigations to assess the debtor’s financial situation. If necessary, we can subpoena their financial information in court or proceed with enforcement actions like seizing property or garnishing wages to fulfil the amount owed to you.
We’ll handle all the court proceedings for you, presenting your case and dealing with the debtor, so you don’t have to go it alone in court.
Involving lawyers early removes emotions and personal relationships from the process. It shows you’re serious about your business, making debtors think twice before trying to avoid payment and sends a clear message that if you don’t get paid, you’ll take legal action.
Debt collectors often charge a percentage of the debt for following up on payments and can’t represent you in court. In some cases, you can’t recover debt collection costs in court. In contrast, the law sets the costs allowed for work undertaken by legal professionals, meaning you can recover legal fees, avoid inefficiencies and percentage-based costs.
We assess each case individually and work with you to select the best option for your circumstances, ensuring our approach effectively balances your needs against the prospects of recovery.
How long is a piece of string? The timeline for debt recovery can depends on a number of things, like:
How many times we need to contact you and the debtor
These elements will all affect the overall timeline of the recovery process, so it’s important to stay flexible and ready for any twists in the road.
We usually take between 1 to 3 weeks to draft documents initiating legal action, depending on the complexity of your matter.
For letters of demand, starting legal action via Tribunal or Court, and procedural court dates, we aim to fix fees where possible after reviewing your instructions and evidence. For smaller debts, letters of demand start at $660 plus disbursements, and claims start at $1,650 plus disbursements.
We also offer a monthly subscription service starting from $660 per month plus disbursements, which includes sending letters of demand to all debtors with overdue debts of 30 days or more.
After the initial demand and starting legal action, the costs can vary depending on factors such as the debtor’s response, complexity, and how the matter progresses. To get a more accurate estimate, you can either chat with a lawyer or email us the debt details, including any contracts or invoices issued to the debtor.
Legal action or “litigation” comes with uncertainty. While we can give you an idea of how strong your case is, there’s no certainty until the court gives a judgment, and even then, the other side may appeal. In litigation things can also change quickly. For example, a witness might change their story or contradict themselves under cross-examination, which can destroy their credibility.
You should be prepared for the unexpected and before diving in consider:
The other party may raise unexpected issues, or even file a counterclaim, which can increase costs and time, and further impact the outcome – even if the issues or counterclaim does not have a solid factual or legal basis.
You need to be prepared for changes and setbacks along the way – much like success litigation isn’t one straight line.
If you’re done busting your ass for people who refuse to pay up, tired of wasting time chasing debts and think the debtor would rather pay up instead of risk losing their home, assets, income, or facing bankruptcy, it’s time to get us involved. Let us handle the debt recovery so you can get what your owed and get back to business.
