Hi, my name is Adam Stewart, Debt Collection Expert and CEO-Operations Manager of ADC Legal-Litigation Lawyers. In this week’s Better Credit Control blog, I am going to talk about contacting debtors through social media. Can you actually collect debts using social media? Yes, of course! We can collect debts through social media channels, so long as […]
Read MoreHi, my name is Adam Stewart, Debt Collection Professional and CEO-Operations Manager of ADC Legal-Litigation Lawyers. In this week’s “Better Credit Control” blog, I want to talk about the different credit risks associated with potential clients – what to look out for and some prevention strategies for you. Before you come up with an effective […]
Read MoreHi, my name is Adam Stewart, Debt Collection Professional and CEO-Operations Manager of ADC Legal-Litigation Lawyers. One of the toughest things in any large or small business is getting good cash flow happening. Credit Managers will be under the pump to show results in order to improve the all-important bottom line. Actively managing your accounts […]
Read MoreHi, my name is Adam Stewart, Debt Collection Professional and owner of Debt Recoveries Australia and ADC Legal-Litigation Lawyers. As every credit manager understands very well, dealing with non-paying customers can be very frustrating. While customers do everything in their power to avoid paying their debts, it makes more sense to hire the services of […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia and ADC Legal-Litigation Lawyers. Prevention is the best cure, as I always say to my clients. The best time to start collecting debts is before they even become overdue. Therefore, credit applications, guarantees, credit checks and initial invoicing are all […]
Read MoreHi, my name is Adam Stewart, Debt Collection Professional and owner of Debt Recoveries Australia and ADC Legal-Litigation Lawyers. In Australia, the current level of personal bankruptcy and corporate insolvency is as high, if not higher, than at the height of the financial crisis. As a result, personal guarantees are a great way for you […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia. In this week’s “Better Credit Control” blog, I want to share some quick ways you can increase your cash flow and at the same time, reduce your account receivables. I always say, cash is king in any business. You can […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. A good way of preventing bad debts is having great systems in place at the beginning. One of the best tools you can have is a credit application form. Basically, this is a request, usually in writing, for an […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. I am sure many collectors and Credit Managers out there have been wondering how to find out their credit rating for free. First, what exactly is a credit rating and why is it important to you? Credit Rating Agencies […]
Read MoreHi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia. The Australian Competition and Consumer Commission recently released their report on the 2015 Australian Debt Collection Industry. You can download a copy here. According to the report, there was a noticeable increase in the general standards of the debt collection […]
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