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ARTICLE · 18 OCTOBER 2021

Debt recovery – a refresher on managing your debtors

Bartier Perry Solicitors
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A walk through the various debt recovery options and when each might be suitable for your circumstances.

AustraliaLitigation, Mediation & Arbitration
Robert Kalde
Robert Kalde
Sharon Levy
Sharon Levy
Scott Homan (Formerly With Bartier Perry)
Scott Homan (Formerly With Bartier Perry)
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Managing debt is an integral part of any business, but particularly in the current COVID-19 impacted economy. It is important for businesses to understand not only how to manage their debt, but also what options are available for those debtors who simply will not pay up. In this article, we step through the various debt recovery options and when each might be suitable for your circumstances.

We understand that our commercial clients view the management of outstanding debts as an important aspect of their business operations and so we have developed a Debt Recovery Pathway to provide our clients with a cost-effective, convenient and quick way to pursue debts and consider the options available. As a background to the Pathway, this article outlines the usual steps in enforcing payment of an outstanding debt.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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