Helping your child into the property market: Is it a gift or loan?
Helping your child into the property market… Gift or loan? On 24 May 2018, the Supreme Court of New South Wales handed down a decision that highlights a risk...
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Personal Guarantees: Do you know what you are signing?
Personal Guarantees: Do you know what you are signing? Our firm is frequently involved in litigation concerning personal guarantees. A familiar scenario is one where a company director is...
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7 tips to improve your business cash flow
7 tips to improve your business cash flow Cash flow is the life blood of any business. Therefore, business owners have to be obsessive about managing cash flow. Now...
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Letter of Demand
What is a letter of demand? A letter of demand is a formal demand for action by a third party. While a letter of demand may seek that the...
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The Debt Recovery Process in NSW
The debt recovery process in New South Wales (NSW) is very similar to the debt recovery processes followed by all other Australian states. The process almost always begins in...
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Safeguard Your Business from Loss in 2017
The following article outlines a number of ways to help business owners safeguard their business from sustaining losses during tough economic conditions throughout 2017. Identify & Manage Risks Regardless...
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To be effective, statutory demands require strict compliance with the Corporations Act
Forward > Part 2: Don’t sit on a S459G statutory demand… A statutory demand is a helpful debt recovery method against a company (the Company), if the Company owes...
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One Good Reason Why You Should Use Competent Professional Advice in Debt Management
In 2013 we were instructed to recover a debt of more than $50,000 and the management of that problem by my staff has prompted me to relate this story...
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What is a letter of demand and when do I send it?
What is a letter of demand and when do I send it? A letter of demand is a letter you have sent to customers who haven’t paid your tax...
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10 Ways Business Owners Can Improve Their Debt Recovery Processes
Inefficient debt recovery processes will result in a lot of time and effort wasted, which leads directly to a loss in productivity and poor cashflow. The long-term effects of...
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