Latest Blog Posts
by 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 […]
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Written 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 […]
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Written 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 – […]
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As 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 […]
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I’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 […]
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As 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 […]
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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 […]
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Now is a good time of the year to clear out all the old claims cases and get them checked over for possible recovery opportunities. Closed Case Audit is a specialist service provided by Debt Recoveries Australia (DRA), a debt collection agency that specialises in the insurance claims industry. Through closed case reviews, money is recovered […]
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Research suggests that one-third of all New Year’s resolutions are abandoned within the first month. The challenge is how to keep your momentum going. A brand new year has already begun and you may have set goals around improving your health, acquiring a new skill, changing jobs or outsourcing your debts to a professional debt […]
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As an insurance claims recoveries veteran, I get asked this question a lot. When is a good time to send a case to a solicitor for recovery? The claim may have already been through the usual recovery process, either internally, or with a “no win-no fee” agent, still no recovery. Whilst most debt collection agencies […]
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