Controlling business finances is no simple feat, but it becomes even more difficult and stressful when clients refuse to pay for services rendered. Whether you are owed thousands of dollars or hundreds of thousands of dollars, you have the right to demand payment for services performed.
When the business owners from Company A came to us seeking our help, they were owed $350,000 for services that they had provided to their debtors. They had an oral contract with the debtors but when the time came to pay, the debtors didn’t keep their word.
We commenced proceedings for Company A’s debt in the District Court, which were discontinued 12 months later after the debtors agreed to pay Company A $300,000.
When another client came to us seeking compensation for painting work he had undertaken, he was owed $7,000 by the company to which he was subcontracted. By the time he sought our help, the debt was 10 months old.
We issued a letter of demand which led to a negotiated settlement with the debtor. The debtor agreed to pay our client the debt in full by installments and 70% of our legal costs, all within 3.5 months of our client instructing us to act on his behalf.
If you’ve found yourself in a similar situation, you don’t have to ‘put up with it’. If you’re owed money for services you’ve performed and the debtor refuses to pay, we have some tools that will get your debts collected. We can help you with:
• A letter of demand
• A statutory demand
• Court proceedings – ordinary and summary
• A caveat (if you have a caveatable interest)
Want to lighten the burden of unpaid invoices? Talk to Martin Tuohy (Executive Director) or Ciara Dillon (Lawyer) about how we can collect debts that you are owed.
Email Martin – Martin@equitaslawyers.com.au
or Ciara – Ciara@equitaslawyers.com.au
Disclaimer – The articles provided by Equitas Lawyers are for general information only. While every care has been taken in preparing these articles, they are intended to be a guide only, and no warranty is given as to the accuracy, currency or completeness of the information contained in them. The articles are not intended to be, nor should it be, relied upon as a substitute for legal or other professional advice. Formal legal advice should be sought in particular matters.
