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Topic (short descript) Question / Topic Replies Reads Last Post More
Copy of Debt Collection Calls Hi All, great AICM conference this year. I was wondering how I could get my hands on a copy of the Debt collection by Telephone - I think Mike Murp…
Author: Teresa Brown
0 5 3 hours ago Sign up or login to view
Collection of stock prior to Liquidator's appointment Hi All, A customer notified us his business was going into Voluntary Liquidation & said we could collect our stock prior to the official appointment.…
Author: Rodney Jarvis
9 183 5 hours ago Sign up or login to view
bank guarantee I currently have an applicant who I declined that is prepared to provide a bank guarantee. I understand that I will receive paperwork from their bank…
Author: Zeeks
2 82 7 days ago Sign up or login to view
Credit Control as a side job Is anyone currently working in a firm as a credit manager but also have a business on the side collecting debt for other businesses?
Author: Solace23
2 165 27 days ago Sign up or login to view
Debtors KPI's Has anyone got a good dashboard or summary documents of easily achievable KPI's they currently use. Happy for you to email to me at dtout@csu.edu.au
Author: Debts At Csu
1 84 27 days ago Sign up or login to view
Unfair preference claim We have received an unfair preference claim from a liquidator, but our credit application contains a retention of title clause. Does that mean we have…
Author: Mewing
5 139 27 days ago Sign up or login to view
Proceeds of sale In the case of an administration or receivership where the business continues trading, and where a creditor has a valid PPS registration and retention…
Author: Dave
4 142 33 days ago Sign up or login to view
Bad debts recovered Where a debt is already written off at a debtor account level, do any Credit Managers or applicable roles; allocate cash for bad debts recovered direc…
Author: Dayna
6 149 33 days ago Sign up or login to view
Debt When can a debt be said to have occurred? I work in a debt recovery consultancy company, I think that until the credit tenure expires a debt wouldn…
Author: Fredogold4Debtsalvon
5 149 41 days ago Sign up or login to view
Verifying guarantor for the purposes of registering a caveat I am searching for property for a guarantor and their name is extremely common and has turned up several matches. Other than ordering each title and …
Author: Jo Fitch
2 90 41 days ago Sign up or login to view
Holding Client Monies A client of ours was paid an amount of $5,000 12 months ago but has no idea who paid this. They have done the required searches but cannot find who pa…
Author: Solace23
4 136 41 days ago Sign up or login to view
Personal guarantee Administrators have recently been appointed to a debtor company. The credit agreement contains a personal guarantee by the director. Can the creditor …
Author: Sammy
7 186 42 days ago Sign up or login to view
Social Media Legislation Does anyone know of any social media legal legislation in relation to serving a client legal documents over Facebook/Linkedln?
Author: Solace23
5 126 42 days ago Sign up or login to view
Bankruptcy If a debt is incurred in Australia and the debtor goes back to NZ and declares bankruptcy in NZ, does this cover the Australian debt?
Author: Rachel
4 159 42 days ago Sign up or login to view
Portfolio Amortisation Does anyone have an examples of a lending book amortisation report (future cash flow broken into interest and principle) that I could have. I am afte…
Author: Rossjenelle
2 63 43 days ago Sign up or login to view
responding to PPSR queries I have registered a PMSI and received my 1st query in relation to this registration. I wish to respond to the client by stating I will not release the…
Author: Zeeks
5 136 51 days ago Sign up or login to view
Shared ABN between a Trust & the Trustee Hi All, I have noticed a recent change where credit applicants are the Trustee as an individual but they share the ABN of a Trust. Previously, the Tr…
Author: Rodney Jarvis
3 200 57 days ago Sign up or login to view
Creditor's Petition Can a secured creditor file a creditor's petition against the debtor? If so, does it need to give up its security?
Author: Anthony B
6 166 58 days ago Sign up or login to view
New opportunities Hi, Iam a national credit manger at a distribution company, have been there for almost 7 years. I have decided that it's time I start looking for…
Author: JAYDEN
1 153 58 days ago Sign up or login to view
Creditor-Debtor Relationship. Can one who borrowed money from someone be called his debtor even when the credit tenure has not expired?
Author: Fredogold4Debtsalvon
4 95 63 days ago Sign up or login to view
Stop Supply A company trades as two separate entities and a customer has an account with both entities If the customer is overdue with one entity and is on sto…
Author: Debadel
9 246 69 days ago Sign up or login to view
How to start as a private Debt Collector - and I don't mean a bounty hunter! Looking to set up a Debt Collecting business that helps Small Businesses chase money on aged/bad debts. What training/licensing is needed?
Author: Donnac
3 142 70 days ago Sign up or login to view
Contracting Qualifications Hi I want to start contracting as a credit controller. What Qualifications do I need to do this?
Author: Solace23
2 167 72 days ago Sign up or login to view
Direct Debit authorisation via phone Our business accepts direct debit as a payment option for payment plan (hardship) customers. Currently the process includes mailing paperwork for the …
Author: Dayna
5 167 73 days ago Sign up or login to view
Stop Supply Many thanks to all who have answered by question - appreciated
Author: Debadel
0 95 76 days ago Sign up or login to view
PPSR Once an entity goes into Liquidation and Receivers appointed, and as a secured party (with PMSI & ROT covered in T&C) we could do a stocktake & retrie…
Author: Norma78
3 145 84 days ago Sign up or login to view
PPS test case for Forge $50m test case on PPSA in the insolvency of Forge is the largest to date. Would be nice if this meant a return for unsecured creditors. Link to arti…
Author: Karlhill
1 202 84 days ago Sign up or login to view
Privacy The compulsory requirement under the Privacy Laws to be a member of an approved EDR scheme in certain circumstances continues to cause concern for pro…
Author: Peter Mills
4 137 96 days ago Sign up or login to view
Debtor KPI's I am working on a report detailing these for our University and would appreciate any information or resources on the subject. Emailing to dtout@csu.ed…
Author: Debts At Csu
0 91 133 days ago Sign up or login to view
Are Banks Getting Tougher and Tougher ...? With the "front end" of many segments of the resources sector showing clear signs of distress we are receiving more and more enquiries for our funding…
Author: Timlea50
0 72 148 days ago Sign up or login to view
Hardship & NCCP Act Had a Bad Credit 'Clean Up' crowd call me today about a business we defaulted on Veda and had commenced court proceedings with, this business wants th…
Author: Ruigroka
5 174 149 days ago Sign up or login to view
PPS Review process Submissions for the Review's interim report must be in to the government by 6 June 2014. AICM is doing a submission and more news to follow, or feel f…
Author: Peter Mills
1 43 170 days ago Sign up or login to view
Best Definiiton/ Quote of a credit controller What is the best definition or quote to describe what we do as credit controllers?
Author: Solace23
1 101 170 days ago Sign up or login to view
pre PPS applications conundrum I have an application pre PPS in which both directors back in 2003 have signed a guarantee. They are not a large account and trade every second month …
Author: Zeeks
2 101 192 days ago Sign up or login to view
PPS Act Amendments for PPS leases A bill was tabled on parliament today and new regulations to be made as to PPS leases. No commencement date as yet, however the changes will not be re…
Author: Peter Mills
2 74 194 days ago Sign up or login to view
C/App T&C vs P/O Agmt T&C I am beginning to see an increase in Companies providing their own Agreements and refusing to sign our Credit App T&C's. Is anyone else experiencing t…
Author: Ribbn
3 111 209 days ago Sign up or login to view
Part 3A of Privacy Act As a supplier of goods I regularly attend trade bureau meetings. Do I need to be concerned about the other are the provisions of the Privacy Act espe…
Author: Zeeks
1 98 232 days ago Sign up or login to view
C/App T&C's Vs P/O Agmt T/C's
Author: Ribbn
1 35 246 days ago Sign up or login to view
Change of Compnay Structure and ABN If customers have filled in an Account Application under the old Company name and ABN what are the legal implications if they do not fill in a new for…
Author: Melecsuperior
3 96 246 days ago Sign up or login to view
Credit App T&C's vs P/O Agreement T&C's I am beginning to see an increase in Companies providing their own Agreements and refusing to sign our own Credit App T&C's. Is anyone else experienci…
Author: Ribbn
2 66 246 days ago Sign up or login to view
Guarantees - a brief refresher - part 2 In this article published on this site and in the AICM magazine, the author makes the point that guarantees must be in writing and signed by the guara…
Author: Dennis.crawley
3 84 251 days ago Sign up or login to view
collateral details (all present & after acquired property) In registering my interest on PPSR under the "Collateral Details" I was advised by a practitioner to just tick "purchase money security interest" as y…
Author: Zeeks
3 85 251 days ago Sign up or login to view
Trade Enquiry -DSG GROUP Would be interested to speak to someone who is currently dealing with the DSG Group to get some feedback about how they are trading with other compan…
Author: Musicman
0 93 266 days ago Sign up or login to view
Brining the Customer Experience to Collections This is a great article Having delivered a large number of successful business improvement and credit management strategies over the years we know it…
Author: Steve Mitchinson
0 127 267 days ago Sign up or login to view
Credit Management Systems Interested in Credit Management Systems that either run off SAP or capabilities currently used within SAP. Our ledgers are currently run from spreadsh…
Author: Scott Bennetts
1 97 282 days ago Sign up or login to view
statutory demands Is anyone considering going straight to statutory demand (without judgment) after the AICM conference presentation?
Author: Karlhill
3 115 325 days ago Sign up or login to view
PPSR vs Section 440B of the Act Would anyone be able to clarify please? From the AICM Nat. Conference I understood that once an entity goes into Admin, and as a secured party (with…
Author: IraJowett
2 102 329 days ago Sign up or login to view
PPSR- Ultimate Holding Company I currently have an application for eg. Joe Bloggs P/L with ACN00-001-002 in producing a Veda report the Ultmate Holding Company/Organisation Officers…
Author: Zeeks
4 92 330 days ago Sign up or login to view
transitional & non transitional lodgements of PPSR If I have received a new application incorporating the PPSA changes for an EXISTING A/C of 5+ years, do I still register this as a transitional accoun…
Author: Zeeks
5 139 330 days ago Sign up or login to view
verification statement for PPSR pre 30/1/2012 I will be shortly notifying some of our existing customers of the new PPSA and providing them our additional terms (not new) which specifically states…
Author: Zeeks
4 60 343 days ago Sign up or login to view
Statutory demands
Author: Karlhill
0 25 359 days ago Sign up or login to view