Latest Blog Posts
As a debt collector, I often come across the personal accounts of “high-turnover” businesses, who are nonetheless, drowning in debt and struggling to show a profit. The first question I usually ask my clients is why? Why did you wait so long to try and collect these debts and why didn’t you have systems in […]
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Being in debt is no fun and have debt collectors calling and emailing, asking for money, is no fun either. The worst thing you can do is ignore their demands. Believe it or not, they are actually there to help you. Instead, they just hang around our credit reports for years to come, making every […]
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Most businesses make the mistake of waiting way too long before handing over their accounts receivables to a commercial debt collection agency. For every 30 days you delay, the chances of recovery go down at least 10%, so it actually pays to outsource sooner rather than later. Collecting the outstanding accounts for your company is […]
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Cash is King and everyone wants to get paid on time, but how come you are always left to the last? Before you outsource to a reputable debt collector or litigation agent, there are a few things you can do yourself, to get your customer to pay you on time, rather than have the matter […]
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The Australian Taxation Office (ATO) will soon be empowered to report a business’ overdue tax debts to credit reporting bureaus under new draft legislation. ATO enables better credit control by advising credit reporting bureaus when businesses don’t pay debts. The legislation, still to be drafted and completed, will require a business to “effectively engage” with the […]
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Hi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. I grew up in remote, outback Australia. So I recognise and appreciate the services of the Royal Flying Doctor Service in providing access for mental health and other services to those living remotely. Thankfully, I have not required the […]
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Hi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. We do a lot of recoveries against un-insured drivers for motor vehicle accidents. We feel for them sometimes, since some of these debts can be pretty big if you hit someone else and it’s your fault. We also know how […]
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Hi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. It’s been 15 years now for me running a debt collection agency and guess what? I still love it. Yes, I love what I do and I am proud to say I am a debt collector and an expert in […]
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Hi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. A lot of my clients are not quite sure when to use commission-based debt collection or when to go straight to legal proceedings. So I thought I might try and provide a little outline for you, since we are […]
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Hi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. Claims represent an insurance company’s biggest expense, with claims payouts and loss-adjustment expenses accounting for up to 80 percent of an insurance company’s revenue. One way to reduce these expenses is through claims recovery. At a time when new […]
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