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What Is a Statute Barred Debt? Understanding Limitation Periods and Debt Recovery in Australia In commercial credit and collections, timing is everything. One of the

Hardship and How to Handle Vulnerable Debtors In the wake of Australia’s Financial Services Royal Commission and the notorious “Robodebt” saga, the treatment of customers

What Happens When a Debt Goes to Court in NSW? What Happens When a Debt Goes to Court? (NSW defended matters) When an overdue account

How AMPAC Makes International Debt Recovery Seamless for Australian Businesses What if recovering overseas debts was as simple as calling your local AMPAC Debt Recovery

Important reminder regarding your Terms and Conditions of Trade Introduction This is an important update for all of AMPAC’s clients who trade with ‘consumers and

The Persistent Impact of Inflation on Financial Hardship: Strategies for Debt Recovery Introduction Inflation has been a persistent issue affecting many sectors across Australia, with

An individual’s financial circumstances can change for many reasons, so financial institutions maintain a Hardship Policy to assist and support their customers through periods of

In this article, we explore the potential effects of rising interest rates on debt recovery and credit management in the Australian market, both for commercial

As the 2024 financial year kicks off, the Australian trade credit market is witnessing a noticeable increase in insolvency activity. In the midst of tightening

AMPAC’s Perth based Local Government team have been trusted partners to over 65 Councils for over 20 years! The combination of knowledge, experience and technology

For many years, AMPAC Debt Recovery has assisted independent schools all over Australia to recover unpaid school fees. From time to time we are also

With the financial year end approaching, businesses of all types turn their attention to financial matters, and for AMPAC’s client’s, most often – it’s the

The Building Industry Credit Bureau (BICB) forecasts around 1,350 insolvencies in the construction sector for 2022.  This is a sobering number, and a reminder for

The fallout from the Probuild collapse continues to grow and will have far reaching effects for suppliers and subcontractors in the building and construction industry.

In the business of debt recovery, field calls are an often underutilised, but valuable tool in determining the recoverability of a debt. In some cases,

Combining digital contact and payment technology with traditional debt recovery drives debtor engagement and portfolio performance. Every credit professional knows that early intervention and outbound

Recently, AMPAC’s Mark Logue caught up with Wayne Clark (Executive Director of Building Industry Credit Bureau – BICB) to discuss the credit risk outlook faced

All businesses that extend credit will occasionally find themselves having to chase a customer that has not paid. Some businesses deal quite effectively with overdue

AMPAC Debt Recovery (AMPAC) is pleased to announce that it has entered into an agreement with EOS Global Collection Network to deliver a complete range

One of the most challenging aspects of running a small business is getting paid for the products or services they supply. Often the owners are

Whether you are a company director, trade under the name of a registered business, or you are a sole trader, the importance of maintaining a

Because a business or individual’s financial circumstances can change for many reasons, most financial institutions (including debt collection agencies) maintain a Hardship Policy to assist

Nothing beats a game of musical chairs at a child’s birthday party, but for a business providing goods or services on credit, you certainly don’t

How can AMPAC Help You in 2021 AMPAC Debt Recovery offers a range of debt management solutions designed to: Reduce the incidence of bad debt

2021 – A Busy Year Forecast for Credit Managers What a year 2020 has been! The world faced the unforeseen challenge of COVID-19, turning Australia

AMPAC Debt Recovery AMPAC Debt Recovery is one of Australia’s most respected and trusted Debt Recovery Agencies. We specialise in commercial and consumer recoveries in

Recovering Overdue Strata Levies The role of a collection agency when recovering overdue strata levies is to support the strata manager, making their life easier,

A credit application and terms and conditions of trade form the basis of your organisation’s relationship with its customers.  They establish the rules of the

The Situation AMPAC’s client is a fully accredited higher education provider in the Perth CBD. The college is ‘not for profit’ and as such does

The moratorium on statutory demands has been extended from 30th September to 31st December 2020. It is a widely held view that a continuation of

Terms and Conditions of Trade A credit application and terms of trade form the basis of your relationship with customers. They establish the rules of

AMPAC Debt Recovery and The Building Industry Credit Bureau (BICB) recently met to discuss the benefits of working more closely together to build greater awareness

Below is an outline of the changes made to the insolvency rules around Creditor’s Statutory Demands and Bankruptcy Notices. These changes apply whether or not

Here are 8 actionable strategies that focus on customers, reputation and credit management: 1. Recover your cash This is the easiest and most obvious step

This is the first in a series of articles discussing the importance of credit risk management to all businesses that provide trade credit. In Part

The first quarter of a new calendar year often sees a spike in insolvency, but if what has been announced already in the first weeks

The Australian Taxation Office (ATO) now has additional powers thanks to new legislation which received royal assent on 28th October 2019. To encourage businesses to

It is a well-known fact that the longer a debt remains unpaid, the more difficult it becomes to collect. Many people find chasing overdue debts

Whether you’re the owner of a small or large business, chasing after an unpaid debt can be an unpleasant experience. Not only is it time-consuming

Alarming Statistics In Australia, small businesses are owed $26 billion in unpaid debt at any given time. According to a survey of 508 SMEs by

Debt Collector Cost Most business owners and professionals have to deal with an unpaid invoice or slow paying customers from time to time. How successful

Making The Right Decision Whether you’re running a small business with only a few customers, a large enterprise with multiple divisions and thousands of customers,