Process

At Simple Debts, we provide debt collection services on a No Collection, No Fee basis. We provide debt collection services for all the Australian business ranging from small to large enterprise and assist them to safeguard their cash flow and prevent bad debts.

Our debt recovery solicitors and debt recovery lawyers will offer a simple and methodical approach to ensure timely debt collection. To have Simple Debts commence the recovery of your debt, please complete this engagement form or send an email to brad@simpledebts.com.au
Be sure to include all relevant information about this matter so that our debt recovery lawyers can assist you quickly and effectively.

THE PROCESS

FIRST STEP: Debt Recovery Solicitor’s Letter of Demand & Active Pursuit
• Simple Debts will send a Letter of Demand to your debtor.
• Contact will be made with the debtor regarding whether there is any dispute with the debt.
• Simple Debts will actively pursue the debtor for recovery of your debt.
• Typically the debtor has 7 days to respond.

FURTHER LEGAL ACTION: Should further action be necessary Simple Debts offers the following actions at a Fixed Price.

For undisputed corporate debtors
• Statutory Demand – sent to your debtor AND any guarantor parties.
• Winding Up Application – we can apply to the Court for the company to be wound up by a liquidator.
• Other Enforcement Actions – it may be necessary to apply for actions such as writs for possession or garnishee’s.

For disputed corporate and individual debtors
• Statement Of Claim – sent to your debtor AND any guarantor parties.
• Default Judgement – we can apply to the Court for a default judgement if the debtor takes no further action.
• Winding Up OR Personal Bankruptcy Application- we can apply to the Court for the debtor to be wound up by a liquidator or enter into personal bankruptcy.
• Other Enforcement Actions – it may be necessary to apply for actions such as writs for possession or garnishee’s.

THE PRICE

Recovery of your funds with a Debt Recovery Solicitor’s Letter of Demand and active pursuit of the debt is $250 + GST. It is charged only upon the successful collection of the outstanding debt.

Remember: Simple Debts does not charge any commission on the recovery of your debt or any search fee’s. Compare these prices to those offered by debt collection agencies.
You could be paying up to 35%.

All actions required to be performed in the recovery of your debt will be at a Fixed Price. Any actionrequired which is not covered by our engagement agreement will be quoted
and agreed upon prior to commencement.

Full price breakdowns are available in our engagement agreement or by contacting us directly.