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Did you know that the debts handed over for collection at 30 days, increases your recovery success by 80%!

Have you got your terms of trade correct?

Do you allow for debt collection fees to be added to the outstanding debt if it goes to recovery?

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For more information on how Legal Source can assist you, please contact us on

(07) 3491 6688

Bad Debt Recovery

Bad Debt Recovery
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Letter of demand PDF Print E-mail

The system of debt recovery that Legal Source uses has 3 levels. The first level is the Letter of Demand stage, it is during this stage that your debtor is advised that the debt has been handed over to Legal Source for collection and that we now act on your behalf. This level can be pre-purchased in blocks of 10 or 20 coupons, simply fill in a coupon with your debtor's details then email or fax it to us. Once we are in receipt of this information the process that your debt will go through to recovery is as follows:

Bad-debt-recovery-letter-of-demand

 

 

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