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|Topic (short descript)||Question / Topic||Replies||Reads||Last Post||More|
What is an S88 Notice
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|contemporary debt recovery processes and procedures.||
Any ideas on what contemporary debt recovery processes and procedures are
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|PPSR Registrations - does it really have any pull when your customer falls into Administration/Liquidation?||
I am starting to see that having a PPSR registration does not make it easier when a customer falls under Liquidation/Administration. Am I right i…
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|Debt Recovery- Contracting||
I was wondering if anyone was looking for a Debt Recovery Contractor. I have extensive experience in the legal and accounting field. Please c…
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I’ve heard that if you complete a Proof of Debt form you risk losing the security you registered on the PPSR. Is that correct?
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|length of time legally you are required to accept invoices||
Can anyone provide feedback on the length of time you are legally required to accept invoices from service providers.
We outsource services from a nu…
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I am hoping to seek feedback on this scenario where a Company has a trade agreement, orders product and goods are delivered to members which are indiv…
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|Skip Tracing Tools||
What Skip Tracing Programs is everyone currently using. The ones I am using are average at best
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|Faxed Credit Aplications||
Is anyone accepting faxed credit applications to approve an account.
Am concerned about forged signatures in the event of default by appro…
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|On Line Trade Credit Application||
Online Trade Credit Applications; I would welcome any constructive feedback, positive or negative on moving to an online application. What works and w…
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|ABN in a Trust||
We made a business decision not to accept contracts where the ABN is in the name of a trust. The reason behind this decision was due to difficulty in …
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Hello, does anyone has an answer to the following: we have a dodgy customer and a spplier. They both operate from the same accounts department but wit…
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|underwriting an account||
I posted a topic a few weeks ago about an international company wanting to open an account and that they were being underwritten by an Australian comp…
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|Credit reporting policy||
can anyone advise where I might be able to obtain a standard a Credit reporting policy ?
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|DIRECT DEBIT - 3rd PARTY PROVIDERS?||
Can anyone pls recommend a good 3rd party DD provider? Any solutions out there which enable customers to authorise DDs from their mobile devices etc?
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|Credit Applications - dated or not dated.||
This may be a really silly question but would a credit application NOT dated have any legal ramifications?
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|INTERNATIONAL CREDIT REPORTS||
Urgently need an international credit report. Have used Veda's on line system. They said 3 days and I'm still waiting!! Can anyone recommend a website…
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After receiving documentation an account had entered into administration we put the account on stop supply.
The customer thankfully did not have an o…
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we have been approached by a Global customer who have advised us they will be underwritten by a division of their business who has only just obtained …
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|insurance with Atradius||
Does anyone has experience of trade credit insurance with Atradius Credit Insurance NV? We are considering using them. Any pros or cons? Many thanks!
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|How long can someone hold off declaring bankruptcy?||
We have a debtor who has an agency acting on his behalf and have sent us correspondence stating he is insolvent. They first made contact with us in Se…
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|What does 2016 have in store?||
The AICM would like to hear from credit professionals about what they think 2016 will bring.
Two prominent challenges will be:
- Imbalance in Unfa…
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is there a pro forma for this
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|Protection of credit in Asia-pacific||
We are a small-medium Australian manufacturer who are looking to export to a potential client in the Asia-pacific region on credit terms, how is the b…
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|possible unrecoverable debt||
Any feedback on the following would be appreciated.
one sector of our business accommodates our wholesale clientele.
for this sector we take orders…
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|Phillipines collection of debt||
Does anyone use a collection agent in Philippine's that they could recommend or know the process for collecting a debt incurred in Australia for fees …
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can anyone direct me to any free training on the basics of SAP, either online or hardcopy.
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I have received an application from a customer who is also a Director for 12 other companies, 4 of which are with under external administration or ha…
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|Providing Credit to a business registered as a Trust||
I was hoping I could get some advise when dealing with customers requesting a credit facility whose businesses are registered as a Trust. it is part o…
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|S88 Form- Default||
Quick Question- I work in the transport industry and was wondering if we are required to send an S88 form before placing a default judgement on a debt…
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|Risk Management Presentation||
This may be very random and not relative but has anyone who has or does guest speaking or presentations asked the group they are presenting to, to sta…
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I have an ABN which reads ESTATE OF THE LATE.......... MARKEY & BENJAMIN ...(left out the names for privacy) It seems that a person from this fam…
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|Customer Credit Limits||
Who owns Credit Limits in your business? Sales or Credit?
Is this the right ownership? Why?
What frequency are Credit Limits reviewed?…
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We have an established customer who wants a second delivery point opened to an unregistered business using the same ABN as the existing acco…
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|GUEST SPEAKER AT CREDIT COURSE||
We are looking for a Credit Manager / Team Leader / Guest Speaker for an internal Debtors Course we are running on Mon 7th Dec in Sydney. We'…
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Hi, Can a Trust open an account in its own name or should the account be under the name of the Trustee As Trustee for the Trust.
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Hi everyone, I am about to enrol in Certificate IV in Credit Management, does this type of course only lead me to worth within the banking industry? …
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|Suppliers Requesting invoices manually uploaded to a website||
I am starting to notice, a sudden shift in suppliers insisting that invoices must be uploaded to their system via a web porthole, to insure payment is…
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|Privacy Act and Private Schools||
I have a client(private school) who wants us to monitor their 600 families on payment arrangement made direct with the school. The school is concerned…
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|Storing Credit Card Details||
Is it ok to have a customer who wants you to keep their credit card details and just use the card to pay their account each month?
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|Credit Officer Role - Southside Brisbane - ASX Listed Company||
If you are interested in the role please apply via job # 29682821 on seek or go tohttp://www.seek.com.au/job/29682821?pos=3&type=standard&engineConfi.…
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I’ve just had a customer ask me to discharge my PPSR registration and then re-register it a few days later so that they can get finance from their b…
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Hoping you can assist. we are currently interviewing for an accounts assistant role and would like to ask the applicants to complete …
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|Automated Allocation of remittance advice / payments||
Does anyone use software to allocate from RA - electronic or paper based, PDF or Spreadsheet etc. we are allocating every payment manually !!!!!!
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|Credit Bureau Meetings - Advertising Media Industry||
Does anyone know if there is a bureau for the advertising / media industry? If no, is anyone interested?
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|ATO lodging defaults||
Should the ATO record defaults when Commercial entities are not meeting Tax Obligations.
Michael Seddon, National Director Phoenix at ATO, would li…
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|Recover debt owing in China - can you recommend a Chinese debt collection agency ?||
Does anyone have experience of recovering overdue debt in China. Can anyone recommend any Chinese debt recovery or collection agencies based in China
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need information concerning PPSA registrations and whether there is a 20 business day limit that a security interest needs to be registered if the oth…
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|Debt Recovery in Qld Courts||
Hi All, I work in the transport industry and need some help ./options to recover debts in Qld Courts. The debts are inbetween $3k and $20k,.
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Dr Graig Latham of the Australian Small Business Commissioner stated that government paid 98% of invoices within 30 days and is working to be a Model …
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|Time Frame to Assess Commercial Credit Application||
What is the time frame that you allow to process a commercial credit Application?
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|Mobile Numbers acceptable for line of Credit?||
I am looking for advice/experiences regarding supplying customers a line of credit when only Mobile number can be provided?
If so what are some diffi…
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Does everybody agree that, to assist Creditors claim proceeds of sale of their products, Administrators should be obliged to publish Lists of Debtors,…
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|ATO request for Third Party Check||
I have received a request from the ATO to provide information in relation to a number of our invoices all pertaining to one of our commerc…
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|Legal Action against Debtors||
Is there any legislation stating that no legal action can be taken against a debtor within payment terms. If so where is it???
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Is it true that the PPSA gives a defence to preference claims?
Any help or advice would be greatly appreciated.
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|Dealing with Trusts||
Can some give me a quick and easy explanation why we should not deal with trusts as the entity on our credit applications and perhaps give advice on t…
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|credit app requirements||
Credit App only has 2 of the 4 directors listed. is it a requirement that all Directors be listed? Also only the CFO has signed the warranty, Applicat…
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|**POSITION VACANT ** GOLD COAST||
Hi there, I am looking for a credit controller, collections person to join a large AR team on the Gold Coast. Please contact me on 0423 697 257 for an…
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|credit card acceptance over the phone for cash sales||
Does anyone accept credit card payments for cash sales over the phone ? for individuals whom you have never met ?
I have always felt this to be unsaf…
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|debts over $10k||
I am in the process of putting credit defaults on some debtors. I have heard that if a debt is over a certain amount we can get security over his hous…
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|Help with Pleading||
Hi All, I am putting in a statement of claim via citec and I am having some technical difficulties on pleading to the court, Does anyone have an examp…
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A question for Credit Managers. Who goes out to visit customers, do you go solo or with a Sales Manager/member of the sale team and how often do you g…
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I recently had a discussion with an AICM member about when to make first contact with a customer and it seems many operations are contactin…
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|COMMERCIAL DEFAULT LISTING - VEDA||
Can someone please advise, to be able to lodge a "Commercial Default" with Veda, it states that there needs to be a "Written Contract" between the cre…
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|Time of Invoicing||
Hi, I have just had a customer advise me it was illegal to generate a tax invoice for his ordered goods until he personally collected them. Is this …
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|$ LIMIT ON DEFAULTING||
Can someone tell me what the absolute minimum $ value is when defaulting? My example is a sole trader without a credit application. What are my chance…
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|Legal Process Flow Information||
Can anyone explain the Legal process flow within lending business for various legal cases?
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|Spouse/defacto applications hiding partners credit/criminal history||
I would appreciate your thoughts on this one,
We're seeing more credit applications from a wife or de facto where her partner has an appalling credit…
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|credit card surcharge||
Hello, we are now charging our customers 1.5% bank surcharge if they pay by credit card. Do we pay GST on this? How can I manage this as I don't know …
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|Tax free jurisdictions||
Can I get some expert opinion on dealing with company borrowers whose major company shareholder is registered in a tax free jurisdiction. What are ma…
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|Secured PPSR, but description/registration inaccurate/not detailed.||
Hi all, after some clarification before any potential issue arises RE: PPSR online registrations in liquidations/VA's etc. We register everything on P…
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Would anyone have available a recent analysis for the cost of forwarding statements or collection letters via standard mail? If you are willing to sh…
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|ASAP help: CIO/COSL/EDRS Membership for Commercial only provider..||
Hi all - about to pay a required EDRS membership but after clarification on which catageory, or if its even really required for my company (who provid…
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|PPSR terms and conditions||
Do we need to include the PPSR in our terms and conditions? Does the customer need to agree to have them registered? Does anyone has a good line to ad…
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|AFSA statement of claim & voting forms||
I have come across a situation where a customer has been sent to a debt collection agency for collection of unpaid invoices and AFSA sent the statemen…
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|Brisbane Skip Tracers/Investigators||
Hi I am looking at hiring a great skip tracer/Investigator in the Brisbane area. If anyone knows of anyone please call Dean on 0466 659 422.
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How do you perform a credit check on an entity that operates its business through a trust?
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|Customer's Business' Changing Hands/Being Sold||
Just hoping to get some clarity around an issue that is popping up quite a bit for us at late, particularly in the SME space.
We have o…
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|Legal action/Default listing on 'drip payments'||
Occasionally we have customers that stop buying from us having gone to an opposition company. When pressed for payment, the customer sometime…
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|DEBT COLLECTION IN SHENZHEN PROVINCE CHINA||
Has anyone out there had any success with collections in Shenzhen Province in China?
We have a Chinese debtor in that region and we have exhausted …
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|Business Continuity Plan||
Hi All, I am in the process of writing a Business Continuity Plan and would like to see what other companies have included to see if I am on track. I …
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|Off Setting Debts - Debtor/Creditor||
As a general rule, we never like to off set amounts owed, however when a debtor is also a creditor, and the debtor is struggling to pay th…
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I have been asked to assist a large national building industry supply company find a suitably qualified person to fill the position of Assistant Natio…
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|Seeking Job Opportunity||
I am currently looking for a new job opportunity within the Western suburbs of Melbourne or within the CBD area. I have over 15 years expe…
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Can anyone help with a good precedent of a statutory demand for payment of a debt by a company? It's for a personal debt, so I won't be using solicit…
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What happens if there is a change of trustee for a trust? Is the new trustee liable for all old and new debts?
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Does anyone file hardcopies of their verifications statements knowing we can retrieve them at any time on the govt website or via veda ? or per the em…
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|Credit Manager seeking new opportunity||
I am seeking a new opportunity due to inevitable centralisation of my department to a South Eastern suburb location.
North West or Western location o…
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|PPSR vs ROT/Romalpa Clause||
A large (mining) customer has gone into Administration. I have been informed a substantial amount of equipment has been supplied/loaned unde…
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