Articles related to ‘Debt Collection’
Monday, 24 September, 2012 | Jonathon Griffith
In these difficult economic times many debtors are holding back and delaying making payments unless put under pressure to do so. I have recently acted for several firms who have been under financial pressure due to their debtors delaying payments. Timely action has resulted in immediate payment of the debts much tot he relief of the clients. Their poor cash flow was threatening their business, but they are now back… Continue reading
Thursday, 12 July, 2012 | Jonathon Griffith
Debtor Control Seminar
In these difficult economic times many debtors are holding back and delaying making payments unless put under pressure to do so. I have recently acted for several firms who have been under financial pressure due to their debtors delaying payments. Timely action has resulted in immediate payment of the debts much to the relief of the clients. Their poor cash flow was threatening their business but… Continue reading
Monday, 18 June, 2012 | Alan Knowsley
John had been operating his business successfully for many years, but had recently experienced some cash flow problems. This was a flow on effect from his debtors suffering from the current economic climate. He had attempted to give them some leeway, but his own creditors were not as accommodating. One of his creditors began debt recovery processes against John in the District Court. Unfortunately for John, being unaware of the… Continue reading
Monday, 14 May, 2012 | Sam Mainprize
Recently Partner Alan Knowsley was approached by the Dominion Post to provide legal information on the rights of debtors when faced with repossession of goods. The article was published on 7 May 2012.
 … Continue reading
Thursday, 5 April, 2012 | Alan Knowsley
Debtor Control Seminar
In these difficult economic times many debtors are holding back and delaying making payments unless put under pressure to do so. I have recently acted for several firms who have been under financial pressure due to their debtors delaying payments. Timely action has resulted in immediate payment of the debts much to the relief of the clients. Their poor cash flow was threatening their business but… Continue reading
Wednesday, 14 September, 2011 | Alan Knowsley
Rose and John bought their first home together with the help of a mortgage from the bank. They both worked at a shop in town. However the shop’s business decreased alarmingly during the recession and it was forced to close.
Rose and John both struggled to find new jobs and with only their savings to live on they could no longer meet their mortgage repayments. Unfortunately, they were served… Continue reading
Thursday, 16 June, 2011 | Alan Knowsley
In these difficult economic times many debtors are holding back and delaying making payments unless put under pressure to do so. I have recently acted for several firms who have been under financial pressure due to their debtors delaying payments. Timely action has resulted in immediate payment of the debts much tot he relief of the clients. Their poor cash flow was threatening their business, but they are now back… Continue reading
Thursday, 17 February, 2011 | Alan Knowsley
Debtor Control Seminar
In these difficult economic times many debtors are holding back and delaying making payments unless put under pressure to do so. I have recently acted for several firms who have been under financial pressure due to their debtors delaying payments. Timely action has resulted in immediate payment of the debts much to the relief of the clients. Their poor cash flow was threatening their… Continue reading
Thursday, 17 February, 2011 | Alan Knowsley
Debtor Control Seminar
In these difficult economic times many debtors are holding back and delaying making payments unless put under pressure to do so. I have recently acted for several firms who have been under financial pressure due to their debtors delaying payments. Timely action has resulted in immediate payment of the debts much to the relief of the clients. Their poor cash flow was threatening their… Continue reading
Tuesday, 18 January, 2011 | Alan Knowsley
A liquidator’s job is to obtain all available funds to share on an equal basis with all creditors.
If the liquidator considers that payment to a creditor has given them a preference over other creditors, then the liquidator may file a notice within two years of the liquidation to have payment set aside, and require the return of the funds that were paid to the creditor.
The rules… Continue reading
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