Complete debt recovery services

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The best possible chance to recover your debts

Managing debt recovery can be daunting for those intimately familiar with how the process works.

Understanding the process and when to start acting on outstanding debt is critical, and this is where our experienced team can assist.

The Bennett & Philp team has been providing comprehensive debt recovery solutions to businesses and creditors of all shapes and sizes for over 30 years. Our collaborative and transparent approach has allowed us to help our clients collect large and high-volume debts successfully.

When you engage our team for your debt recovery, you get access to a proven and robust process which not only assists you in recovering your debt but also provides you with the tools and resources to manage it proactively going forward ensuring bad debt blowouts do not happen again.

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Proactive services and expert advice

Our debt recovery services include:
  • Business review & document preparation

    Reactive debt and credit management can hamstring your business.

    Our Debt Recovery team takes a proactive approach to understand your business and credit and debt management needs and then providing a range of services focused on designing documents that protect you and your business.

    We can assist you in proactively managing your debt function by:

    • Initial advice on existing documentation including contracts; policies and procedures (i.e. credit recovery manuals); and privacy documents
    • Preparing and reviewing credit agreements, terms and conditions, and guarantees
    • Preparation of demand documentation.
  • Debt strategy & management

    We will work with you to understand your business and to develop internal processes and procedures and tailored strategies aligned with your business objectives.

    In this regard, we provide the following services that are immediately linked to our document preparation and educational service offerings.

    • Providing expert legal advice to fix your cash flow problems
    • Develop precedents, processes and procedures on what you want to achieve and how to do it (i.e. credit recovery manuals)
    • Fixed price quotes for legal costs
    • Access to service online client portal which allows you to manage and access your own debt recovery files and also remain updated on the status of your matter. This tool also allows you to give instructions to our team.
  • Education & understanding

    Our team provides businesses with comprehensive on-site training on a range of topics.

    Our focus is on providing your accounts receivable team with the tools and knowledge to confidently manage the debt recovery processes in your business.

    By building understanding within your business, you can mitigate the risks of bad debt and cash flow fluctuations, including by:

    • Providing detailed credit recovery manuals with build in precedents and procedures and providing training in the same to your credit/receivables team
    • On-site training on how to carry out PPSR searches and how to lodge PPSR securities
    • Providing more awareness to recover debts by using guarantees and clauses to make you a secured creditor
    • On-site educational seminars for any employees involved in the selling or contract process (i.e. sales people or contract managers).
  • Legal processes & proceedings

    Even with the best documentation and informal debt recovery systems in your business, there will still be times when debts remain unpaid.

    At that stage, our experienced team are best placed to assist with more formal debt recovery processes in the most cost-effective and efficient manner. Engaging with a trusted partner with experience is best practice debt recovery solutions will greatly increase the likelihood of recovery of such debts.

    • Legal demand service, issuing solicitor’s letters of demand within 24 hours of instruction
    • Issue of legal proceedings
    • Statutory demands
    • Lodgment of caveats to protect security interests.
  • Enforcement & recovery

    Our team is experienced in a number of enforcement and recovery methods and in collaboration with you and your business, will advise on and utilise the right option to facilitate the best possible outcome. Our services include:

    • Enforcement of security interest
    • Where applicable, obtaining judgments in legal proceedings
    • Enforcement hearings/oral examination of debtors
    • Enforcement warrants – including lodgment over property
    • Winding up companies and bankrupting individuals
    • Subcontractor’s charges and payment claims.
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Flexible pricing options

At Bennett & Philp, efficiency and value go hand in hand. Our fee structure is transparent right from the start and we can provide fixed price options for most of your debt recovery needs.

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How we help you

We help ensure your credit terms, guarantees and contracts are drawn up to give you the best possible protection for your debts while complying with all the necessary legislation. Our systems are ready to start debt collection action for you as soon as we receive instructions.

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Plan your next move

Contact us today to discuss how we can help you recover what you’re owed.

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Don’t wait any longer to get the right advice

All of our lawyers are highly specialised and experienced in their area of law
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