Latest Blog Posts
Author : Suganyaa Vishnuraj Part 8 of the the Insurance Contracts Act 1984 (Cth) (“ICA”) governs subrogation within the context of insurance law. In short, subrogation within the context of insurance law, allows for an insurer to assume the rights and duties of an insured in order to bring a claim against a third party who […]
Read More
Author: Nathan Haynes of ADC Legal Receiving a claim against you is a stressful experience for everyone and it is important to have a clear understanding of how best to respond. What is a Statement of Claim? A Statement of Claim is the document used to initiate legal proceedings. It contains a summary of the […]
Read More
Author: Elyssa Maragoudakis ADC Legal is frequently asked about what debt recovery methods are available when a debtor company does not pay money owed. Section 459E of the Corporations Act 2001 (Corporations Act) enables creditors to formally demand and pressure a company to pay a debt owed by issuing a statutory demand. Changes to Statutory […]
Read More
Insurance claims recoveries, in this instance, refers to claiming back the cost of repairs for the insured’s loss from the at-fault party. Insurance claims recoveries is usually the very last process completed in the insurance claims process, however, actioning these early and efficiently can reap a host of benefits. The primary function of claims recoveries […]
Read MoreSooner or later our economy will need to return even if not 100%. There will be businesses that will be suffer but there will also be new businesses that will born. In this time of quarantine let us discuss opportunities you can do for your business continuity. Safety first Start with monitoring your current […]
Read More
Recently we have been focussing on how to reduce your credit risks, promote cash flow deal with debtors during the COVID-19 crisis. However it remains a possibility that with some debtors, legal action may be the only the only course of action to secure your recovery. The courts are open and operating on reduced or […]
Read More
Whilst the world deals with the COVID-19 pandemic and the financial flow on effects, it will be of particular importance to understand a debtors financial position and The key to any successful recovery, especially one via arrangement is to work with the debtor, not against them. You need to let them know you working towards […]
Read More
The COVID-19 has taken the world by surprise and we at Debt Recoveries Australia and ADC Legal wanted to share some our top 10 credit control tasks you can complete before you send the debt to a debt collector. Follow this guide and set yourself up with a reputable debt recovery agent now, and have […]
Read More
A MESSAGE FROM DRA AND ADC LEGAL REGARDING CORONAVIRUS COVID-19 Like many businesses and organisations, DRA and ADC Legal remain focused on the safety and well-being of our employees and our ability to maintain the high quality of service for our clients. In accordance with our Business Continuity Plan, we have already taken measures to […]
Read More
Most businesses are online now and have signed up options on their Website so that you can do business immediately. Your debt collection terms are the first thing you need to put online from the beginning. So it’s important send a message to your customers that you are serious about getting paid. Our legal […]
Read More