Debt Recovery Lawyers
Debt recovery can be a daunting process. OpenLegal is here to help. Sit down with our team of experienced commercial debt recovery lawyers and discover what we can do for your business.
Experienced Commercial Debt Recovery Lawyers
Most businesses will need to recover debt at some point. Invoices will inevitably be left unpaid and business owners are often left in an awkward position. However, there is a right way and a wrong way to go about commercial debt recovery. Our lawyers work closely with you to understand the situation and help you navigate the waters of debt recovery. This way, you can recover what you’re owed and maintain amicable business relationships with clients.
A New Way to Get Legal Services
OpenLegal is committed to revolutionising the way you get legal services. With streamlined internal processes and a client-centric approach, you can get the legal support and representation you need without the legal jargon. Communicate openly with our team of lawyers and get easy access to the legal services and information you need to make informed decisions. If you have any questions, our team is here to help. Enquire online or call us today and discover the difference OpenLegal can make for your business.
Fixed Price Legal Services
As a law firm, we charge a fixed fee for our debt recovery actions, rather than a percentage based on what is recovered. There are no additional hidden fees or unapproved charges. Instead, you get a set price when you start working with us, allowing you to manage costs within your budget and achieve the best possible results in a way that works for you.
General Commercial Debt Recovery Services
Drafting or responding to initial with the debtor about payment
Drafting or responding to a letter of demand
Drafting or responding to a creditor’s statutory letter of demand (under s 459E of the Corporations Act) for debt’s above $2,000 where the debtor is a company
Legal services related to a debt recovery mediation
Drafting or responding to progress payment claims in the construction industry
Providing legal services throughout the adjudication process for recovering progress payments in the construction industry
Providing legal services throughout debt recovery proceedings
Bankruptcy proceedings
Enforcing judgements
Litigation as a Last Resort
While we’re experienced in negotiation and have had significant success in commercial debt recovery, we will move to litigation if our letter of demand does not result in payment. Several steps can be pursued by our debt recovery lawyers to recover debt. These range from well-drafted letters to legal proceedings and will differ depending on the situation. This improves your business’ access to funds and could assist you in establishing strong and respectful business relationships.
Depending on the circumstances, the amount of debt owed and the nature of the business relationship between the creditor and debtor, we can advise you on the best way to proceed and put a plan into action. Discuss your needs with our team today for more information on our services.
Contact OpenLegal Today
If you require assistance with commercial debt recovery, any of the listed services, or other debt-related issues, please complete the form on this page for a quote or call us on 1300 337 997.
