Debt Recovery

Are you owed money which is simply not being paid?

When invoices and fees are not paid promptly, both your business and your personal finances are impacted.  This puts you under strain and ultimately may result in your business being unable to operate.

Business Debt

Business cash flow is what keeps businesses viable. When invoices and fees remain outstanding your business is adversely affected and may negatively impact the future of your business.  Significant debts or many smaller debts can both have the same impact.  Chasing up debts is time consuming and takes you away from furthering your business and looking after current clients and customers.

If you have unpaid invoices building up, or have tried to settle outstanding fees without success, Pentana Stanton can help you with our debt recovery services. Handing this over to lawyers relieves you of much of the stress, and puts it in the hands of those who will devote time and experience to the ultimate goal – recouping your funds.

Trade Debts

We often have clients who are tradesmen come to us seeking assistance as they have completed work for someone and not been paid. Sometimes the work was completed under contract, but more often, there is no contract at all.

Recovering trade debt is a passion of ours and something we really enjoy assisting our clients with. One of our staff members, Jesse LaGreca, previously worked in construction and has seen what happens when tradesmen are not paid or have to wait for an extremely long time to get their money. If you are owed money, our team will vigorously pursue the debtor until you have received your money.

We also understand that many people in this situation are hesitant to call a lawyer, because they are short of funds while waiting to be paid, and they are concerned that legal fees will be significant. If this is you, please do not hesitate to call us and see what arrangements we can make. We often can setup smaller/more manageable stage payments, or in some circumstances we can withhold some of our fees until the matter is resolved.

If you find yourself in this situation, please do not hesitate to call us and see what we can do to help.

What is Included?

  • Conferences with you to obtain all relevant information and details,
  • Letters of demand to the borrower or debtor,
  • Negotiation where possible – to achieve a final settlement including Terms of Settlement and Settlement Deeds,
  • Court action if necessary – including your claim, representation and finalising.

Action Suited to Your Situation 

We tailor our advice and actions to the individual circumstances of your case. This includes considering:

  • The nature of the debt;
  • The size;
  • The location of the debtor;
  • The type of debtor. Companies are different to individuals and different processes can be used.

Our goal is to get the maximum results with the lowest cost to you.

Our focus is on recovering your money in the most cost-effective way.

Contact Pentana Stanton Lawyers on (03) 900 22 800 to discuss your matter and see how we can help you.

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