How long does debt collection take? The answer depends on the types of debt and the circumstances surrounding such debt. The faster the debt collection, the better especially for small companies providing professional services. Timely payment for services rendered is crucial for maintaining healthy cash flow and operational stability. This
Case Studies
A Client lodged a debt of $46,000. When we contacted the debtor, he was antagonistic saying he would take the matter to court. We served a Statement of Claim and secured a favourable judgment against the debtor. Realizing the judgment, the debtor paid the Client in full, including the Client’s
Slater Byrne Recoveries received a lodgment of a debt totalling AU$212,728.92 for business management solutions services. The Client informed us that they contacted the company for payment before but hit a wall when the debtor refused to pay. As the unpaid amount was already two years overdue, the Client decided
The aged care system by the Australian government aims to provide its aging population support either through home assistance or through retirement living in residential aged care home. According to the Department of Health and Aged Care, the number of older Australians needing aged care support services grew through the
A Client recently engaged Slater Byrne Recoveries to help collect a three-year-old debt. The Client referred this debt to another debt recovery company last year but that firm was unable to collect the amount and, thus, the debt remained outstanding. To recover the amount, we employed a two-pronged strategy that