Unfair Preference Claims and how to Defeat Them
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?
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 […]
Small Business Debt Collection – 27 Tips and FAQ
Small Business Debt Collection – 27 Tips and FAQ Small business debt collection is an unfortunate but vital part of running any small business in Queensland. If you offer goods and/or services on credit, then you will have experienced the stress and time constraints with attempting to recover these bad debts yourself. A small business […]
Small Claims Lawyers
NOTE We are small claims lawyers we are not the small claims court. In relation to the small claims court Qld, minor debt disputes are heard by the Queensland Civil and Administrative Tribunal (“QCAT“) in Brisbane and in Local Magistrates Courts. Our small claims lawyers are also able to commence debt recovery in the Magistrates […]
Alternative Dispute Resolution
Alternative Dispute Resolution or ADR is a term we use for resolving legal disputes without the cost of going to Court and incurring the costs of civil litigation or commercial litigation. It involves trying to reach an agreement in which an impartial person called an ADR practitioner or alternative dispute resolution practitioner, assists people involved […]
