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Debt Collection

January 12, 2017

We had a good result for a client just before Christmas last year.

Their company had provided over one million dollars in services between 1 July and 30 November, but had not been paid.

The company’s former solicitor had concentrated on the disputes and not the common ground. We went for the low hanging fruit and succeeded.

We took the matter on in late November and managed to get about $750,000 paid on 22 December and another $100,000 on 23 December, after conceding a refund of about $95,000 was due.

About $100,000 remains in dispute, and there are other battle to be fought in this war. If only we charged a third of the amount recovered like they do in the States!

For assistance resolving commercial disputes, see Michael Paterson & Associates.

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