Debt Recovery legal services Chatswood
Are clients not paying debts on-time, or is your business in financial danger?
No matter whether you’re a business or individual, TY Lawyers can offer you the debt recovery services you are looking for.
Business Debt Recovery
Are you tired of communicating with unreliable debtors? Let the specialists recover the funds you are owed.
It’s a frustrating topic for you and can have serious impacts on your business operations, cashflows and accountancy. Our goal is to eliminate all owed debts to your business and improve your cash flow by helping you focus on operational priorities.
Many clients choose to pay accounts early, or on-time, however unfortunately some choose to wait until the threat of legal proceedings are on the doorstep.
The experienced team at TY Lawyers will work to close all unpaid accounts by assisting in preparation of letters of demand, enforcing orders and providing litigation.
We will get your funds, whether you’re a business or individual.
How Debt Recovery Works
Our team is experienced in using enforcement methods to get you what is yours. The process begins with the Letter of Demand, stating both the breach of contract and demanding the debtor to pay within a specified period.
We know that even with the best letters, not all debts will always be paid. During this stage our team will assist in formal debt recovery by taking the circumstances into accord and utilising the appropriate legal proceedings or judgements against the debtor in a cost-effective manner.
If you have debtors, begin the debt recovery process by contacting our lawyers for a low-cost Letter of Demand service. For an affordable fee, we will issue the formal legal letter addressed to your debtor.
Our team has a high success rate, as over 80% of debtors respond to this letter.
The process takes only 5 minutes, just fill in this simple form and one of our friendly debt recovery team members will be in touch with you shortly.
TY Lawyers Credit Policy Health Check
At TY Lawyers we offer free health checks to look at the effectiveness of your credit policies. We review both credit policies and trade agreements, and provide a report back with our feedback.
Click here for our free credit policy checker.
Is Your Business In Financial Difficulty
When business is in financial difficulty, what is the most influential factor in an insolvency case? Time.
Every insolvency case is different, but one thing they all have in common is that there are many deadlines that are all extremely time-sensitive. Failure to respond timely to an insolvency case could potentially lead to losing your possessions and losing the ability to protect your interests.
Therefore, having someone you trust, who is responsive and can communicate with you face-to-face in the process is essential.
In fact, as your company nears insolvency, bankruptcy is not the only outcome if you act quickly.
Speak to TY Lawyers for alternative strategies before it is too late for your business.