Debt Collection Gold Coast

Senior Debt Collectors Gold Coast, QLD

Our experienced debt collectors Gold Coast provide fast and cost-effective legal services. We also offer these services in other locations in Queensland such as Brisbane, Cairns and on the Interstate.

Debt Collectors Gold Coast Services

Don’t worry if you are owed money by a debtor based on the Gold Coast or elsewhere in Australia. Our highly experienced debt collection lawyers and support staff can assist you to:

Issue a letter of demand to the debtor giving 7 days to pay the debt. To do this, you will need to provide us with copies of your agreement or terms of trade with the debtor. Plus, copies of all invoices issued to the debtor. In addition to the details of the outstanding amount (including any part payments made).

Enter into a payment arrangement with the debtor on terms to your satisfaction. For example, if the debtor cannot pay the total debt within 7 days. Then we will ask the debtor to provide details of their income and expenses. Also, we will ask them to submit a repayment proposal setting out the amount. In addition to the frequency of instalments and the date when they can make the first payment.
Then, if you are happy with the repayment proposal, we will endeavour to include terms in the payment arrangement. It will place you in a stronger position should the debtor default under the payment terms. It becomes necessary to commence court proceedings against the debtor.
Commence court proceedings to seek recovery of the debt or balance owing. We will prepare a Claim to seek payment of the debt owed at that time, along with the costs of issuing and serving the Claim. Then, we will file the Claim in the Magistrates Court, District Court, or Supreme Court, depending on the amount owed.
Serve the Claim on the debtor. Our debt collectors Gold Coast will ask one of the trusted process servers to personally serve the Claim on the debtor. It will greatly assist our process servers if you can provide us with as many details as possible about the debtor. For example, details of the debtor’s current residential and work addresses (and former addresses if you know them). Also, the details of the debtor’s landline and mobile telephone numbers. Plus, the debtor’s email address and a photograph (if you have one or are aware they have a social media or other online presence).

Practical Advice in Debt Collection Gold Coast

Once you serve the Claim, the debtor has 28 days from the service date to either pay the full amount claimed plus costs or settle for a lesser amount. You may be prepared to accept or enter into a payment arrangement on terms to your satisfaction for the total amount claimed. Plus costs or file and serve a Notice of Intention to Defend and Defence setting out the grounds the debtor disputes your Claim.

Negotiate full payment of the Claim or such other settlement you may be prepared to accept. Suppose, the debtor cannot pay the total amount claimed plus costs within 28 days. Then we will ask the debtor to provide details of their income and expenses. We will also ask them to submit a repayment proposal or settlement offer setting out the amount. In addition to the frequency of instalments and the date upon which the first payment can be made for you to consider.
Then if you are happy with the repayment proposal or settlement offer, we will endeavour to include terms in the payment arrangement or settlement agreement. It strengthens your position if the debtor defaults, allowing you to move forward with court proceedings to seek judgment against them.

Assess the merits of any Defence. If the debtor files and serves a Defence, we will assess it and advise you. We’ll assess the merits of the defense. If it lacks merit, we may recommend seeking summary judgment to resolve the dispute quickly. Otherwise, the case may proceed to a full hearing, trial, or an earlier negotiated outcome.

Apply for Default Judgment. Let’s say if a defence has not been filed within 28 days after service of the Claim. Then we will ask you to confirm the amount outstanding. Also, we will prepare and file an application and supporting affidavit asking the Court to enter judgment in your favour against the debtor for the outstanding debt (or balance owing). Plus the costs of issuing and serving the claim and applying for judgment.

Enforce Payment of the Judgment

Our debt collectors Gold Coast will advise you on different ways to enforce a judgment and recommend the best option for you. If you lack information about the debtor’s assets and liabilities, we may suggest certain searches or ask the debtor to complete a financial statement within 14 days. If the debtor doesn’t return the form on time, we can apply to the court for a summons to compel the debtor to attend court and disclose their financial position.

Once we know the debtor’s financial position, we will recommend the next step.

Some options include:

Enforcement Warrant-Redirection of Earnings: Garnishing the debtor’s wages.
Enforcement Warrant-Seizure and Sale of Property: Ordering the bailiff to seize and sell the debtor’s real estate or other property like a motor vehicle or boat.
Creditor’s Statutory Demand for Payment: Issuing a demand for payment if the debtor is a company.

For Debt Collectors Gold Coast, Contact QBM Lawyers

Our debt collection lawyers have extensive experience in debt collection, assisting financial institutions, schools, local authorities, and other businesses. We also have a strong litigation team for disputed debts. Lastly, for debt collection on the Gold Coast, we offer competitive rates and reliable assistance.

For all debt collection Gold Coast enquiries, call Justin Mathews on 07 5574 0111.