Letter of Demand
Letter Of Demand Stonegate Legal can help you by drafting a professional and effective letter of demand for money owed to you. This letter is an important step in attempting to resolve your debt recovery matter without investing the time and expense into commercial litigation or alternative dispute resolution. Download Letter Of Demand Template OR […]
How to Use a Statutory Demand to Wind Up a Company
How to Use a Statutory Demand Statutory demands are among the most effective tools available to creditors seeking to enforce unpaid debts against Australian companies. Codified under Part 5.4 of the Corporations Act 2001 (Cth), a statutory demand is not simply a payment request; it is a legal instrument that, if ignored, can result in […]
Statutory Demands in Construction – Complete Guide
Statutory Demands in Construction Statutory Demands in Construction – The risk of delayed or unpaid invoices is a persistent operational concern in the Australian construction industry, particularly for small to medium-sized enterprises. 70% of Australian construction companies experience late payments annually. 92% of Australian construction firms reported overdue invoices in the last 12 months. 39% […]
Can You Serve a Statutory Demand by Email in Australia?
Can You Serve a Statutory Demand by Email in Australia? Yes, as of 15 September 2023, a statutory demand can be legally served by email or other electronic means in Australia under Part 1.2AA of the Corporations Act 2001 (Cth). These changes allow documents—including those under section 459E—to be sent via electronic communication, provided they […]
What is a Creditor’s Statutory Demand?
What Is a Creditor’s Statutory Demand? A creditor’s statutory demand is a formal written request issued by a creditor to a company under section 459E of the Corporations Act 2001 (Cth). It requires payment of a debt exceeding the statutory minimum, currently set at $4,000, within 21 days of service. Failure to comply with a […]
Statutory Demand – Complete Guide
A statutory demand is a written request for the payment of debts that are owed by an insolvent company, under section 459E of the Corporations Act 2001 (Cth). This complete guide to statutory demands is one of the most comprehensive free guides to statutory demands in Australia. This guide will look at how statutory demands work and when it’s […]
Setting Aside a Statutory Demand – Complete Guide
Setting Aside a Statutory Demand If you are setting aside a statutory demand, you must use one of the following: A genuine dispute between the company and the respondent about the existence or amount of a debt to which the demand relates. The debtor company an offsetting claim. There is a defect in the demand, and […]
Corporations Dispute Lawyer
Corporations Dispute in Australia? Australia’s Trusted Company Disputes Lawyers. Fast, Confidential Legal Advice You Can Rely On. Get Legal Help Now Your details are 100% confidential. Company Law Corporations Disputes Lawyers Clashes between corporations are rising in today’s business world, leading to disputes over contracts, IP, and partnerships. Stonegate Legal is here to help with […]
Debt Recovery Lawyers
Debt Recovery Lawyers in Qld Our debt recovery lawyers are adept in business-related and debt-related disputes, enforcement of money orders, and insolvency. We diligently strive to recover your outstanding debts. Get Legal Help Now Your details are 100% confidential. Debt recovery Lawyers in queensland Why Stonegate Legal To Recover Your Debts? Stonegate Legal are an […]
Recovery of Unpaid Legal Fees – Complete Guide for Lawyers
Recovery of unpaid legal fees in Queensland Are you a solicitor or an Australia Legal Practitioner in Queensland who is owed money from clients and looking at the recovery unpaid legal fees? To be entitled to the recovery of unpaid legal fees (without a costs assessment having been undertaken), the following steps should have been […]
Why Use a Debt Recovery Law Firm?
Are you a creditor who is looking for an effective to get your debts collected from clients, but doesn’t know if you should use a debt recovery law firm? If so, it may be time for you to try debt recovery from a debt recovery law firm to see how they differ over in-house debt […]
Debt Collection Lawyer or Debt Collection Agency?
Are you a creditor that is struggling with the debts you are owed and are looking for third-party assistance, but don’t know if you want to use a debt collection lawyer or debt collection agency? If so, you may be concerned about this decision and about your struggles with your debts in general, which can […]
Resolving Tax Debts – ATO Tax Disputes
Tax debts are essentially debts owed by a business to the Australian Taxation Office (“the ATO”). These can include tax & superannuation liabilities and debts, ATO interest & penalty charges, credits and refunds of indirect taxes, foreign tax credits, and/or franking credits and debits. It may be that there is a mistake, or something is […]
Legal Debt Recovery Options for Businesses
Legal debt recovery is the process of using the Court process to legally recover debts from delinquent bad business clients. If you have spent any time in business, you will know that bad debts / delinquent payers are common. It is just a part of doing business in Australia. However, bad debts can have a […]
Debt Recovery Services in Queensland
Debt recovery services in Queensland can vary depending on a number of different factors. Debt recovery services can range from informal services, all the way through to formal Court or insolvency proceedings. Initially, before a creditor starts looking for debt recovery services from a debt recovery lawyer, they must first know the following information: Find […]
