Often your business can have a record sales month, but these figures are not reflected in your cash flow, or bank balance. Why? This is because your clients (Debtors) are either:
Managing Debtors correctly is a difficult task and requires discipline and constant attention. Often businesses are only equipped to provide their own services and do not have the resources or efficient processes to collect their accounts. When this happens, your debtors build and your chances of receiving the money diminish.
At Complete Corporate Services, we are frequently engaged to take over the problem of debtor management and debt collection. We have a variety of industry and problem specific solutions to assist businesses in collecting their outstanding debtors. If you hand this problem over to us, you can rest in the satisfaction that we will be collecting for you, as efficiently and quickly as possible. We specialise in:
With debt collection agents throughout Geraldton and WA, we are able to provide an efficient service. We offer debt recovery services suited to companies, businesses and individuals of all industries and sizes.
We recover debts for virtually all types of businesses across Geraldton, examples including but not limited for:
It doesn't matter if you have a small, medium or large business, CCS has the experience and knowledge to assist with any kind of debt collection you may need.
We are here to help
The smallest amount that we collect on behalf of clients is $2,000.00, however we collect debts worth millions of dollars.
There are no other fees.
It is easier to collect a debt that is new than an older debt, however, we will collect both older and newer debts, where collection is lawful.
A debt collector is an agency or a person (usually a mercantile agency or law firm) that collects debt on behalf of a person or business. A debt collector is normally brought into the equation once the person or business owed the debt has tried everything to collect the money they are owed, and are basically out of options.
Debt collectors have a different set of methods to collecting debt that say an individual or business. A debt collector has many different legal avenues, along with networks of contacts and enquiry lines to be able to investigate the financial position of the debtor, and attempt to collect the debt
It is possible that Debtors have simply forgotten to make a payment, or many may be prioritising paying other bills. Some may even be experiencing financial difficulties, which can make debt collection even more difficult for a business. Others though, they might have no intention of ever paying you. At Complete Corporate Services, you can rest in the satisfaction that we'll be collecting the debts for you if you reach out to us for debt related problems in Geraldton.
In Australia, there are generally 4 steps involved in collecting a debt:
Step 1 - Letter of Demand: A letter of demand is a formal document sent to the debtor making a demand for the payment to be made. This is to let the debtor know that you intend on following through with other debt collection methods if an appropriate response isn't received. The timeframe usually given to a debtor in the letter of demand is 7 days.
Step 2 - Statement of Claim: If no response is received from the letter of demand, then a statement of claim is a legal document lodged with the court on behalf of the creditor, detailing the debt owed to you by the debtor. This is then served to the debtor by the court, and they are usually given 28 days to respond.
Step 3 - Judgement: If the outstanding debt has not been paid after the debtor has been served the statement of claim, then a judgement process can begin. This can end up in either a mediation between all parties, or even a trial in court.
Step 4 – Enforcement: If the court rules in your favour, then the debtor is required to pay the outstanding debt. However, in this circumstance, it is up to the creditor to enforce the judgement.
At CCS, we have real world experience with collecting debts of all sizes across Geraldton over the last 40 years. Furthermore, we have capabilities that lawyers don't, such as we are able to conduct detailed investigations involving covert operations and surveillance, investigate the financial position of the target debtor and much more. Lawyers on the other hand actually hire businesses like CCS to conduct these investigations when needed, meaning if you went through a Geraldton-based law firm instead of us, your debt collection case would be passing through more hands than is needed, potentially costing you more.
Are you having trouble managing your liabilities? Could creditor demands for Payment put you out of business? Mounting liabilities and debts are threatening your business's future. We have over 35 years' experience in problem-solving. With our high level of communication and organisational skills, creditors usually work with us when they know that the payment of their outstanding accounts is being managed professionally.
Let us take over this problem, work within your budget, and assist you to trade out of this situation. When we are engaged to manage your creditors we do the following:
At Complete Corporate Services, we are frequently engaged to take over the problems of debt collection and debt recovery. We provide debt recovery services suited to companies, businesses and individuals of all industries and sizes. Many debtors may merely forget to make a payment, may be facing financial difficulties or may be prioritising paying other clients. With our unique methodology, you can be satisfied that we'll be collecting the debts for you if you reach out to us for debt related problems in Geraldton.
Complete Corporate Services (CCS) is an Australian-based company which specialises in a range of business support services.
CCS is directed and managed by Scott Sattler, who has over a decade of Risk Management, Investigation, and other business related experience. With over three (3) decades of other experience, our management team has more years of experience than any other known competitor.