The Process of Debt recuperation in VICtoria
- A 'Letter of demand' is sent to the debtor. This letter needs to be thoughtfully formatted so that it is legally admissible in the court of law. Consequently, we include: specific details of the debt, a request that the payment is made by a certain date; and a warning that legal proceedings will be pursued if payment is not received by the mentioned date.
- Suing for debt. Court proceedings commence with filing a Statement of Claim. The amount and nature of debt influences the proceedings of the court. Also, the forms required vary, making it all the more important to hire a professional.
- The response from the debtor towards the Statement of Claim determines our further action. They may agree to an installment order, file a defence or might not respond at all. If the debtor chooses to stay quiet, a Court Judgement shall be obtained.