There are a variety of reasons as to why you may be experiencing difficulties in paying your business's debts, but it is vital that you don't let the debts get out of control as this could have significant flow-on effects. Mounting liabilities and debts are threatening your business's future.
Outstanding debts owed to creditors can affect your ability to accurately understand your business's solvency position, ability to pay staff wages and more. Likewise having Creditors chasing your business for unpaid debts is not only highly stressful but can also impact business operations and may also have an impact on your business' reputation and ability to obtain credit in the future. Staying on top of your debts and managing debts correctly is important for good corporate governance and ensuring your business continues successfully
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. Often creditors are more approachable and understanding of debts when there is a clear effort being made to engage with the creditor and ensure the debt is repaid.
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:
Managing creditors and mounting business debts correctly is a difficult task and requires discipline and constant attention. Often small businesses in particular are do not have the resources or efficient processes to collect their accounts, particularly if there are few staff and accounts are managed in-house. When there is a lack of attention to debt management, your debts build and cause problems for the business operations.
It is also common for many business owners to become overwhelmed by their unsettled debts, particularly when the debts have been outstanding for some time, debts are accumulating and interest is accruing. It can often be difficult for business owners to know how to manage a debt situation where they want to continue gaining business and performing business operations to increase cash flow but are not dedicating time to the debt management.
We understand that everyone can experience difficulty in managing and paying debts. CCS communicates with your Creditors and works with them to set up a plan that allows all parties to leave the situation in a positive manner.
If your debt management has become out of control or has been ineffective and Creditors are chasing your business for unpaid debts, CCS is also able to assist you in handling the litigation side of things. We are familiar with Court process and legal procedures with respect to debt matters and have a history of working with law firms in this area. We are familiar with the legal requirements of performing debt management, investigations, effecting service of documents, providing affidavits and giving evidence at court.
Whatever your matter, CCS understands that each matter is unique and provides a tailored service to match the client's needs. We place an emphasis on building long-term relationships with clients and have proven success in delivering desirable outcomes that meet and exceed client objectives and expectations.
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.