It is no secret that COVID-19 has had an extraordinary impact on our day to day lives. As a result of the pandemic, there has also been a number of important changes to the law, including the corporations law. As a temporary measure to provide relief to “financially distressed businesses”, the Federal Government have announced …
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At Griffin Legal we act in debt recovery matters for a diverse range of large and small clients from a variety of industries and backgrounds. This article focuses on the debt recovery process in the ACT. Demand Phase The first stage of debt recovery involves taking detailed instructions in relation to the debt, the debtor’s …
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In November 2015 Griffin Legal published a blog outlining the debt recovery processes in the ACT. In this blog, we touch on some of the challenges faced by our clients in the debt recovery area, and what can be done in order to counteract those challenges. Challenge The debtor is disputing the amount owing. Recommendation …
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At Griffin Legal we handle debt recovery for a variety of large and small clients from a variety of industries and backgrounds. This article focuses on the debt recovery process in the ACT. Demand phase The first stage of debt recovery involves taking detailed instructions in relation to the debt, the debtor’s details and background. …
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Consider using the following steps: Send a friendly payment reminder to the customer Once the payment is overdue, make contact with the customer via phone email or mail to remind them that payment is overdue. The customer may have forgotten or unknowingly had technical issues in making the payment. Most of the time your reminder …
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