Debt Recovery Melbourne
Managing cash flow is an important part of running a business. Allowing debtor accounts to remain outstanding beyond your business’s trading terms can cause your cash flow to suffer and the longer you allow the debt to remain outstanding, the greater the likelihood that the debt will never be paid at all.
LGM Advisors debt recovery lawyers in Melbourne can assist you with timely and cost effective recovery of debts owing to your business. Our services include:
• preparation of a statement of claim to demand payment
• entering judgment against the debtor if no action is taken within 28 days
• garnishee orders where a court can order a third party to pay a creditor instead of a debtor, such as an employer
• examination summons requiring the debtor to attend court to answer questions about their financial circumstances including expenses, assets and debts.