{"id":38,"date":"2025-02-06T10:31:54","date_gmt":"2025-02-06T10:31:54","guid":{"rendered":"http:\/\/yourwebdream.com.au\/wmglegal\/?page_id=38"},"modified":"2025-08-06T08:46:17","modified_gmt":"2025-08-06T08:46:17","slug":"debt-recovery","status":"publish","type":"page","link":"https:\/\/yourwebdream.com.au\/wmglegal\/services\/debt-recovery\/","title":{"rendered":"Debt Recovery"},"content":{"rendered":"

[vc_row css=”.vc_custom_1740614041330{padding-top: 100px !important;padding-bottom: 100px !important;}”][vc_column css=”.vc_custom_1738931954475{padding-top: 0px !important;}”][vc_row_inner][vc_column_inner width=”1\/6″ css=”.vc_custom_1738941752913{padding-top: 0px !important;}”][\/vc_column_inner][vc_column_inner width=”2\/3″ basel_text_align=”center” css=”.vc_custom_1738941803758{padding-top: 0px !important;}”][vc_column_text css=”.vc_custom_1738941730484{margin-bottom: 0px !important;}”]Are you owed money by an individual or company? Recovering what you are owed can prove insurmountable alone, so, the experts at WMG Legal are ready to help. Learn more about our expert debt recovery lawyers Canberra.<\/big>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/6″ css=”.vc_custom_1738941767275{padding-top: 0px !important;}”][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” content_placement=”middle” css=”.vc_custom_1743671488615{padding-top: 100px !important;padding-bottom: 100px !important;background-color: #06354C !important;}” el_class=”section-full-text-img section-full-text-img-verticalmid”][vc_column basel_text_align=”center” basel_color_scheme=”light” css=”.vc_custom_1752045849999{padding-top: 0px !important;}”][vc_column_text css=”.vc_custom_1751879769850{margin-bottom: 0px !important;}”]<\/p>\n

How our debt recovery lawyers can help<\/h2>\n

Our team of debt recovery lawyers Canberra can help you at every stage of debt recovery. Here\u2019s a breakdown of how we can help you:<\/p>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” content_placement=”middle” css=”.vc_custom_1752045872262{padding-top: 100px !important;padding-bottom: 100px !important;background-color: #EBE0CE !important;}” el_class=”section-full-text-img section-full-text-img-verticalmid”][vc_column basel_color_scheme=”dark” css=”.vc_custom_1752045877815{padding-top: 0px !important;}”][vc_column_text css=”.vc_custom_1754469980654{margin-bottom: 0px !important;}”]<\/p>\n

1. Demand Phase<\/h3>\n

This is the initial step in the debt recovery process. We begin by taking detailed instructions, including the nature of the debt, the debtor\u2019s background, and any prior dealings.<\/p>\n

We often recommend that clients discreetly make enquiries of the debtor\u2019s assets at this stage, while they are likely unaware of potential legal action.<\/p>\n

We then issue a Letter of Demand<\/strong> on your behalf. This formal notice sets out the amount owed and requests payment within a specified timeframe. A well-drafted demand letter is often an effective and inexpensive way to prompt settlement without needing to commence proceedings.<\/p>\n

2. Commencing Proceedings<\/h3>\n

If the debtor fails to respond or pay, the next step is to commence legal proceedings. This involves preparing and filing formal pleadings, which is a legal document setting out your claim in detail.<\/p>\n

In the ACT, the appropriate forum depends on the amount of the debt:<\/p>\n

    \n
  • ACAT (ACT Civil and Administrative Tribunal)<\/strong> \u2013 for claims up to $25,000.<\/strong>
    \nACAT is a low-cost, informal jurisdiction designed for self-representation and quick resolutions. However, legal costs are rarely awarded, and unrepresented debtors can sometimes delay proceedings.<\/li>\n
  • Magistrates Court of the ACT \u2013<\/strong> for claims over $25,000.<\/strong>
    \nThis jurisdiction allows for the recovery of legal costs (on a party\/party basis), and in appropriate cases, indemnity costs may be awarded. Proceedings here are more formal and more efficient when legal representation is involved.<\/li>\n<\/ul>\n

    3. Judgment<\/h3>\n

    Our goal is for your debt recovery matter to be resolved without a court hearing. However, where a defence is filed or further action is required, our team will guide you every step of the way.<\/p>\n

    If judgment is awarded in your favour, it can include the principal debt, interest, and recoverable legal costs.<\/p>\n

    4. Enforcement<\/h3>\n

    Once judgment is obtained, we take prompt enforcement action if payment is not voluntarily made. Options include:<\/p>\n

      \n
    • Enforcement hearings<\/strong> (to investigate the debtor\u2019s financial position)<\/li>\n
    • Debt redirection orders<\/strong> (against bank accounts or other financial assets)<\/li>\n
    • Earnings redirection orders<\/strong> (against wages)<\/li>\n
    • Warrants of seizure and sale<\/strong> (against personal or real property)<\/li>\n
    • Bankruptcy proceedings<\/strong> (for debts over $10,000)<\/li>\n
    • Winding up applications<\/strong> (for corporate debtors)<\/li>\n<\/ul>\n

      5. Negotiation & Settlement<\/h3>\n

      We can also negotiate with the debtor to achieve a commercially sensible outcome for you. This might include but is not limited to:<\/p>\n

        \n
      • Advising on the commerciality of settlement offers<\/li>\n
      • Drafting deeds of settlement<\/li>\n
      • Preparing a deed of acknowledgment of debt<\/li>\n<\/ul>\n

        Our goal is always to resolve matters promptly and cost-effectively.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” content_placement=”middle” disable_element=”yes” css=”.vc_custom_1753071833915{padding-top: 100px !important;padding-bottom: 100px !important;background-color: #06354C !important;}” el_class=”section-full-text-img section-full-text-img-verticalmid”][vc_column basel_text_align=”center” basel_color_scheme=”light” css=”.vc_custom_1752045858483{padding-top: 0px !important;}”][vc_column_text css=”.vc_custom_1752045645019{margin-bottom: 0px !important;}” basel_color_scheme=”dark”]<\/p>\n

        Speak to expert debt recovery lawyers Canberra today<\/h3>\n

        Contact us today at WMG Legal in Canberra to discuss your situation further, or to arrange a consultation with a member of our legal team.<\/p>\n

        [\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” equal_height=”yes” content_placement=”middle” el_class=”left-section-area” css=”.vc_custom_1753071910158{background-color: #06354C !important;}”][vc_column width=”1\/2″ basel_bg_position=”center-center” css=”.vc_custom_1753071870026{padding-top: 0px !important;background: #000000 url(http:\/\/yourwebdream.com.au\/wmglegal\/wp-content\/uploads\/2025\/07\/SV_07339.jpg?id=950) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}” el_class=”img-area”][\/vc_column][vc_column width=”1\/2″ basel_color_scheme=”light” css=”.vc_custom_1753071932589{padding-top: 100px !important;padding-bottom: 100px !important;}” el_class=”left-text-section-area”][vc_column_text css=”.vc_custom_1753071819833{margin-bottom: 30px !important;}”]<\/p>\n

        Speak to expert debt recovery lawyers Canberra today<\/h3>\n

        Contact us today at WMG Legal in Canberra to discuss your situation further, or to arrange a consultation with a member of our legal team.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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