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Firstly, it is important to distinguish between ‘legal’ and ‘illegal’ phoenix activity. Illegal phoenix activity occurs when a director of a company sets out to

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

Debt Collector Cost Hiring a professional debt collector will save you the trouble of chasing debtors on your own, and at the same time increase

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,

Why is this a good idea? A debt collector may be the fastest, easiest and most cost efficient way to recover money owed to you