Debt Recovery

It is a reality that over the past few years the rate of bad debts and lost income is on the increase. Maintaining cash-flow in your business is essential to staying in the black and securing the ability of your business to meet its own obligations. Many creditors are finding it difficult to manage their debtor ledger effectively. At Coleman Greig we offer clients easy and prompt access to information regarding their matters, competitive costing, value-added services such as in-house training, and a depth of experience in working with you to achieve results.
 
Coleman Greig’s specialist debt recovery team, CG Collect, handles all aspects of debt recovery and credit management. The CG Collect team comprises dedicated lawyers who have the legal expertise and credibility to resolve matters and recover money efficiently. Most importantly, the team understands the need for clients to maintain their business relationships and reputation so they adopt a professional and ethical approach at all times. Their aim is to maximise your recovery and minimise your stress.
 
CG Collect can help you with:
  • An organisational Credit Health Check 
  • Debt collection services including letters of demand, commencement of legal action and enforcement of judgments 
  • Advice with regard to credit policies and procedures 
  • Credit Documentation review 
  • Preparation of Statutory Demands 
  • Advice regarding litigation 
  • Representation in Court 
  • Bankruptcy and insolvency 
  • In-house training for credit staff 
  • PPSA advice
  • Unfair Preference Claims advice and action

For more information, or to make an appointment at one of our offices, contact us.

Parramatta Office
Phone +61 2 9895 9200
Level 11, 100 George Street,
Parramatta NSW 2150

or

Norwest Baulkham Hills Office
Phone +61 2 9895 9343
Suite 601, Level 6, 2 - 8 Brookhollow Avenue
Baulkham Hills NSW 2153
info@colemangreig.com.au    

Debt Recovery - Our Clients

Coleman Greig’s team of experienced debt recovery and insolvency lawyers provides quality advice and representation to a diverse range of clients. These clients include family businesses, through to subsidiaries of multi-national organisations, public and privately owned companies. 
 
Our expertise in debt recovery and dispute resolution has been employed across numerous industry sectors including building and construction, printing, equipment hire, food and consumables, air conditioning, surveying and educational services.   
 
As a client in this area, you can be sure that we understand your business, your operating environment and the commercial issues you face when recovering your debts.

Publications

  • The proof of debt and the secured creditor - How to avoid accidentally giving up your security - 20 May 2016
    Rebecca Hegarty
    Creditors are asked from time to time to complete a proof of debt (POD) in the event of liquidation or company administration of a corporate customer. So, while completing a POD is usually straightforward, what is the position of a secured creditor in completing it? When can completion of a POD and voting amount to surrender of your status as a secured creditor?
  • Is a guarantee still enforceable after the death of a guarantor? - 21 Apr 2016
    Rebecca Hegarty
    Whether a guarantee is still enforceable on the death of a guarantor is an interesting question that arises from time to time. The short answer to the question is, “Maybe."
  • When the liquidator comes knocking - 11 Mar 2016
    Laura Bazouni
    Creditors should be very wary when pressing debtors for payment in circumstances where the debtor may be insolvent due to the “claw back” provisions granted to liquidators. Liquidators may in certain circumstances claw back payments made by a company shortly before it is placed into liquidation.
  • The EOFY is Nigh - Are your Ledgers in Order? - 5 Jun 2015
    Rebecca Hegarty
    As the end of financial year fast approaches, don’t leave referral of debts for collection to the 11th hour. A proactive action plan will ensure you have made every effort to maximise your chances of recovery. Make sure you don’t get caught short on cash–flow. Pass your outstanding debts for collection to us at CG Collect before 30 June 2015 to ensure you end this financial year on a positive note.