Hi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. Our task at Debt Recoveries Australia is to collect debts. However, as we come into contact with a lot of credit departments and accounts receivable systems and processes, we also get to see how debts come about in the […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. Dealing with debt collectors can be scary for some people due to old myths about debt collectors and how we collect debts. There’s a lot of misinformation about debt collectors: how much we charge, how we collect debts, how […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. You may remember a previous article entitled The 5 C’s of Business Credit. As a credit manager or director of a company, you will want to check the creditworthiness of a potential customer. This is where you evaluate the […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. If you want to try and collect your own debts before you outsource to a reputable collection agency or litigation firm, here is a quick summary of the do’s and don’ts of debt collection here in Australia. The debt […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. It’s no secret that positive cash flow is the lifeblood of any business. Few people enjoy chasing valued clients/customers for unpaid accounts, but to keep the cash flowing, it’s crucial to stay on top of your outstanding debtors. The […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. Since I started in debt collection 20 years ago, the way individuals communicate with each other has changed dramatically. From telephone calls, door knocks and faxes to emails and text messages, advancements in technology have made it much easier […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. These tips are for any business or company that has their own collections personnel. Whether it be an internal collections team, or within a debt collection agency. Labour costs are the single biggest expense that collections departments face. Poorly […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. The best way to manage accounts receivables is to prevent them in the first place. So the best way to do that is to set payment terms and make sure your clients or customers are aware of what they […]
Read Moreby Katherine Hymer Your needs Firstly, you need to establish your reasons for hiring a debt collector. Do you have debts that are unpaid? Outstanding debts you thought were impossible to recover? Not worth the amount of time and energy you would spend having to chase the debtor? These are some of the reasons that […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. As a Credit Manager or Financial Controller in charge of accounts receivable, you just want to get paid as soon as possible right? Without any dramas. From an outsider’s perspective, the idea of getting someone to pay an invoice […]
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