Business & Commercial Lawyers



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Debt Recovery

Debt recovery can seem like a daunting and time consuming process that may or may not lead to a successful outcome. If you have debt that you would like to recover, we can assist you in recovering monies owed to you as quickly as possible and in a cost-effective manner.

WE CAN HELP

One Law have a team of expert business lawyers who can help guide you through the legal process in recovering monies owed to you.

It’s important to get legal advice as soon as you can so that you are provided with all the information you need to ensure that you recover as much debt as possible with the least fuss and cost to you.

The steps below explain how we can help you.

We make it simple

Our business law team is here to help. We would love to hear from you. You can get in touch with one of our lawyers by completing the online enquiry form below or by calling us on free call 1800 ONE LAW (663 529).

1

Meet With Us

We will meet with you at a time and place that is convenient for you. We will discuss the monies owing to you, gather the paperwork identifying proof of the monies owing and provide you with information regarding the process of debt recovery and how we will work for you moving forward.

2

Letter of Demand

Upon receiving your instructions, we will write a letter of demand to the debtor seeking immediate payment of the monies owed. In our letter of demand we will advise the debtor that if we do not receive payment on your behalf that we will be commencing Court proceedings to recover the monies owed.

3

Await a response

We will await contact from the debtor to discuss the monies owed. Alternatively we may receive payment of the monies owed after the debtors receive our letter of demand. If the debtor wishes to negotiate the debt owed, we will seek your instructions prior to negotiating an agreement.

4

Further and final letter of demand

If we do not receive a response from our initial letter of demand, we will issue a further and final letter of demand. This will notify the debtor that this is their last chance of paying the debt before Court costs and interest begin to accrue, costing them more money. Hopefully upon receipt of this further and final letter of demand you will receive payment of the monies that are owed to you.

5

Consider commencing Court proceedings

If we do not receive a response to our further and final letter of demand, we will seek your instructions as to whether you would like to commence Court proceedings to try and recover the debt. When advising you as to whether to commence Court proceedings, we will talk to you about the risks involved, the time it may take and of course the costs involved in litigating the debt recovery. You can then make a decision as to what you would like to do.

Do you need to speak to a lawyer?

Call us on our free advice line or leave your details and we'll call you back.


Phone

1800 663 529