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STATUTORY DEMANDS

STATUTORY DEMANDS

A statutory demand is an effective and inexpensive method for a creditor to recover a debt of at least $2,000.00 owed by a company. Statutory demands provide a powerful incentive to companies to pay their debts.

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Collection Tips: Securing Arrangements

Collection Tips: Securing Arrangements

Hi, my name is Adam Stewart, debt collection expert and CEO-Operations Manager of ADC Legal-Litigation Lawyers. Here is a tip for you about negotiating arrangements with your debtors. In a lot of cases, the original debt amount is quite high and the debtor is unable to pay the whole amount at once. This is your […]

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Make Money from Bad Debts

Make Money from Bad Debts

Hi, my name is Adam Stewart, debt collection expert and and CEO-Operations Manager of ADC Legal-Litigation Lawyers. I am here to tell you how to make money from your bad debts. In my experience over the years, debt collection is one of the most neglected tasks in business today. Many businesses simply write off a […]

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10 Tips to Become an Awesome Debt Collection Agent

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10 Tips to Become an Awesome Debt Collection Agent

Hi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia and ADC Legal. I started in debt collection in the insurance business. I hated it; I did not want to do it and would have given anything I have someone else do it. I do not like confrontation and am […]

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How to Make and Receive Reduced Lump Sum Offers

How to Make and Receive Reduced Lump Sum Offers

Hi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia and ADC Legal. Firstly, let me say payment in full must be your first priority. This is the object of the game: to get the full payment from the debtor, including any interest and penalty charges. If this cannot be […]

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Do You Want to Prevent Bad Debts? Here’s How!

Do You Want to Prevent Bad Debts? Here’s How!

Hi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. Cash is King as they say, so the two most important elements of maintaining good cash flow are credit control and debt collection. Here are some tips on preventative action you can take for better credit control and hopefully […]

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How to Settle a Dispute about Money Owed

How to Settle a Dispute about Money Owed

Hi, my name is Adam Stewart, Debt Collection Expert and CEO-Operations Manager of ADC Legal Litigation Lawyers. This week, I am going to talk about how to settle a dispute about money owed. Repeatedly, we see situations where a debt has been left for so long that the client and customer relationship has broken down. […]

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The Seven Habits of Highly Effective Credit Managers

The Seven Habits of Highly Effective Credit Managers

Hi, my name is Adam Stewart, Debt Collection Expert and CEO-Operations Manager of ADC Legal-Litigation Lawyers. Since forming a debt collection company many years ago, I have had the opportunity to meet many small and medium enterprises (SME’s) and company owners and see how they manage their accounts receivable internally. Some are good, some, not […]

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How to Write Off Bad Debts

How to Write Off Bad Debts

Hi, my name is Adam Stewart, Debt Collection Expert and CEO-Operations Manager of ADC Legal-Litigation Lawyers. As the countdown to the end of financial year draws closer, businesses big and small are probably very busy getting their financials in order to ensure that their books are ready for end of financial year reporting. With June […]

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Debt Recoveries Australia is National Winner of the 2015 Australian Achiever Award for Australia’s Finance & Insurance Services

Debt Recoveries Australia is National Winner of the 2015 Australian Achiever Award for Australia’s Finance & Insurance Services

Hi, my name is Adam Stewart, Debt Collection Expert and CEO-Operations Manager of ADC Legal-Litigation Lawyers. This week, allow me to veer away from debt collection tips to give you a very good news. Debt Recoveries Australia(DRA), our debt recovery partner company, is hailed as National Winner of the 2015 Australian Achiever Award for Australia’s Finance & […]

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