Debt collection can be an uncomfortable process, even for large businesses. These tips are designed to help you understand your options and make the right decisions for your business and to help you avoid going legal right off the bat. So, here they are: It all starts with your account handling processes. Whether you are […]
Read MoreAs a debt collection expert, I would like to talk about outsourcing insurance claims recoveries to a debt collection specialist and when to do it. Why should an insurance company outsource this part of the claims process? Insurance companies can benefit from improved returns and smaller claims to premium ratio by outsourcing to a professional […]
Read MoreI’ve been doing a lot of insurance claims recoveries and general debt collection for insurers. So, I thought I would share some of the best practices I know and suggestions about when should an insurance company outsource their claims recoveries. Insurance claims recoveries are needed when there is a recoverable amount arising, as a result […]
Read MoreAs a debt collection expert, I get many queries from people wanting to issue legal proceedings and how they go about it. This is why I started ADC Legal Litigation Lawyers 5 years ago. By doing so, we can now provide a “one-stop shop” for debt recovery and litigation, serving companies across Australia. With this […]
Read MoreWritten by Adam Stewart As a Debt Collection Expert and owner of Debt Recoveries Australia and ADC Legal, I come across a lot of SMEs and so I get to see a lot of the internal credit control procedures put in place. Some good, some not so good. Financial controllers, Accounts Receivable officers, bookkeepers – […]
Read MoreWritten by Adam Stewart Debt collection is a job almost every single company has to do at some stage in order to stay profitable and keep the cash rolling. In most cases, companies will either attempt to collect any outstanding debts owed to them on their own, or they will simply write off the losses […]
Read Moreby Adam Stewart Previously, we talked about the advantages of outsourcing to a debt collection agency, “7 Reasons Why You Should Partner with a Debt Collection Agency.” This week, I wanted to talk about the benefits of sending your debt recovery matters straight to a legal practice. Whilst some customers will respond to the debt […]
Read MoreAfter you have sent your initial invoices and follow up emails, but still not received payment, it’s then time to get serious. This is where you need to know how to send an effective Pre-Legal Letter of Demand. I have previously shown you how to write your own debt collection letter here: See Here: How […]
Read MoreWritten by: Nicholas Phibbs- Solicitor at ADC Legal Received a court order for a monetary sum (Judgment Debt) against a Defendant (Debtor) in the Magistrates Court of Victoria (Court) but the Debtor still refuses to comply? Unfortunately, this is a scenario that occurs all too often, fortunately though, there are a number of legal options […]
Read MoreWritten by: Mohammad Kashefi, Solicitor, LLB (Hons), GDLP. In ancient periods, some governments provided a risk guarantee for merchants against the perils of the sea, attacks by enemies or bad weather conditions. According to Livy,1 in 215 BCE, during the war of Iberia, the Roman army was in urgent need of supplies. The Republic […]
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