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|Topic (short descript)||Question / Topic||Replies||Reads||Last Post||More|
|Credit Management Course||
Which is the best training institute that provides courses in Credit Management?
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I want to just say Hi, as I became the part of this forum. Thanks
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|dummie collection agency||
My boss is paying a company to use a professional looking collection agency letterhead to use when a debtor doesn't want to pay. I am not sure if we s…
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|Credit allocations and credit controllers||
I would like to get your opinion and advice on the following questions:
Are there any legislative/other requirements or audit recommenda…
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I was wondering if a credit application can be signed by an accounts payable person or financial controller? Or does it have to be signed by the direc…
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|Credit Repair Agent - an orchestration!||
Hi Team & Happy New Year,
We received an application from a property development company with the Director being the wife of the (apparent) principle…
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|Chattel Paper PPSR Registration||
I want to create a security interest in a customer's on-hire agreements to the end users of our equipment and would like some advice on how to correct…
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|Credit Repair Agencies||
How much information am I legally obliged to supply to a Credit Repair agency? They are quoting "...you meet the requirements of the Credit Reporting …
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|GST on export||
We have a customer where we supply goods abroad but the business has its legal entity in Australia with an ABN number. Do I charge GST on the invoices…
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|Applications for COD/Prepaid Accounts||
We have discontinued opening COD accounts due to the high cost of collecting/banking/clearing cheques. We've replaced them with CARD accounts…
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|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…
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|Dashboard for Collections and Recovery Team||
Can anyone of you provide me some insight as what is expected out of a dashboard of any Collections and Recovery system (ERP system)?
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If legal action was instigated to recover oustanding debt and debtor requested PPSR to be discharged and then the company within 6 months had a Liquda…
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Can someone briefly explain the concepts of buckets in contingent collections and potentially the catergories of cure/finalised.
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my company Trading Terms are 30 days from invoice.
I have a customer that have been paying right on time for the past year, but now this com…
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|Collection of stock prior to Liquidator's appointment||
A customer notified us his business was going into Voluntary Liquidation & said we could collect our stock prior to the official appointment.…
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|Copy of Debt Collection Calls||
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…
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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…
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|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?
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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 [email protected]
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|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…
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|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…
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|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…
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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…
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|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 …
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|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…
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Administrators have recently been appointed to a debtor company. The credit agreement contains a personal guarantee by the director. Can the creditor …
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|Social Media Legislation||
Does anyone know of any social media legal legislation in relation to serving a client legal documents over Facebook/Linkedln?
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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?
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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…
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|Shared ABN between a Trust & the Trustee||
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…
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Can a secured creditor file a creditor's petition against the debtor? If so, does it need to give up its security?
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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…
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Can one who borrowed money from someone be called his debtor even when the credit tenure has not expired?
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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…
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|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?
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Hi I want to start contracting as a credit controller. What Qualifications do I need to do this?
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|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 …
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Many thanks to all who have answered by question - appreciated
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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…
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|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…
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I am working on a report detailing these for our University and would appreciate any information or resources on the subject. Emailing to [email protected]…
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|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…
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|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…
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|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…
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|Best Definiiton/ Quote of a credit controller||
What is the best definition or quote to describe what we do as credit controllers?
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|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 …
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|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…
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