Commence Proceedings on a Person or Company

Commence Proceedings on a Person or Company Stonegate Legal

Do you need to commencement proceedings?  There are three (3) main options to commence proceedings against a defendant: Commence proceedings in the Queensland Civil Administrative Tribunal (“QCAT”); and Commence Proceedings in the Court with jurisdiction for civil litigation or commercial litigation; or Serve a statutory demand. The purpose of commencing proceedings is to use legal […]

Rebutting the Presumption of Insolvency

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Rebutting the Presumption of Insolvency – If a company has failed to set aside a statutory demand within twenty one (21) days from the date the statutory demand was served on the company then the Corporations Act 2001 (“the Act”) allows for a presumption that the company is insolvent and the risk that the company could be […]

Setting Aside a Default Judgment in Queensland

Setting Aside a Default Judgment in Queensland

Do you need to know how to set aside a default judgment? If a default judgment has been entered against you, then it is vital that you act quickly and seek an order from the Court that the default judgment be set aside. If you do not set aside the default judgment, then the plaintiff […]

Debt Recovery Lawyers

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Debt Recovery Lawyers 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. Book A Consultation Speak To Our Trusted Lawyers Today DEBT RECOVERY LAWYERS IN QUEENSLAND Why Choose Stonegate Legal To Recover Your Debts? Stonegate Legal are an experienced […]

About Stonegate Legal

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Your Partner in Navigating Complex Legal Issues Stonegate Legal is a dedicated commercial litigation, debt recovery and insolvency law firm.  We combine the latest technology and up-to-date software to give our clients a service like no other. Speak To Our Trusted Lawyers Today Our Mission Our mission is to provide our clients with the best […]

How to Collect Statute Barred Debts

How to Collect Statute Barred Debts in Australia Stonegate Legal Debt Recovery

Are you a creditor or a financial controller looking at how to collect statute barred debts? If so, this may cause a lot of concern for you as a creditor, as dealing with statute-barred debt is a difficult situation to find yourself in and may prevent you from recovering the debt. In most states and […]

What is a Bankruptcy Notice?

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A bankruptcy notice is the first document served on a human judgment debtor to commence bankruptcy proceedings against that debtor. Once served, the judgment debtor will have 21 days to: pay to the creditor the amount of the debt claimed; or make arrangements to the creditor’s satisfaction for settlement of the debt; or apply to […]

Breach of Directors Duties in Australia

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A breach of directors duties can have very serious consequences. If you are the director of a company in Australia that is just starting off and are looking for some information about your duties, or you are an existing director with years of experience that just needs a little refresh, this this article will help. […]

Builder Gone Bust in Queensland? – Everything You Need to Know!

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Has you builder gone bust in Queensland? The term “gone bust” refers to liquidation if your builder is a company (XYZ Pty Ltd, for example); or bankruptcy if your builder is a natural person (B. Builder sole trader, for example). There are significant problems in the building and construction industry, including (allegedly): Increase in the […]

Price Increases in Fixed Price Building Contracts Qld

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Price increases in fixed fee building contracts are becoming a significant problem in building and construction law. We get asked almost every day “can my builder increase the price of a fixed-price building contract?” In most cases the answer is “no”. But there are a few exceptions, including: Rise and fall clauses; and/or Prime costs […]

ATO Garnishee Notice – #1 Complete Guide

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A garnishee notice is a notice issued by the Australian Taxation Office (“the ATO”) to a third-party of a tax debtor, directing any monies held on behalf of the tax debtor be transferred to them. ATO garnishee notices can very often be embarrassing to the taxpayer and can sometimes damage the business as it can […]

Director Penalty Notice – #1 Complete Guide for Directors

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A director penalty notice is a notice from the Australian Taxation Office (“the ATO”) directed at a director (or directors) of a company making the director(s) personally liable for tax debts. The director penalty notice (“DPN”) is issued by the ATO when the company has failed, neglected, or refused to pay and/or report tax obligations, […]

Can you Still Serve a Bankruptcy Notice by Email?

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Can you serve a bankruptcy notice by email? If a creditor has received a final judgment or final order the execution of which has not been stayed, and that judgment or order is more than the statutory minimum ($10,000.00), then the creditor can apply to the Australian Financial Security Authority for a bankruptcy notice. Once […]

Unfair Preference Claims and how to Defeat Them

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Unfair preference claims are one of the types of voidable transactions in company insolvency and is outlined at section 588FA of the Corporations Act 2001 (CTH) (“the Corporations Act”). An unfair preference occurs when: There is a transaction between the company and an unsecured creditor; and The transaction occurred while the company was insolvent; and […]

How Long can a Debt be Chased in Australia?

How Long can a Debt be Chased in Australia Stonegate Legal Debt Collector Lawyers

Have you ever wondered how long can a debt be chased in Australia? In most states (except NT) the limitation period for most debts is six (6) years. This is contingent on a number of different factors and so it is vital that you get the calculations correct. Failure to realise the limitation period could […]