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|Topic (short descript)||Question / Topic||Replies||Reads||Last Post||More|
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 Reporting - WHY BOTHER !!||
I think I am venting more than anything !!
I once again have had the displeasure of dealing with Credit Fix people again. Grrr.
This time they have …
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Just want to check if anyone is doing CCE essay. I had some question regarding the last question.
I also wanted to know if anyone had gone pass the …
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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/secured party details ABN or ACN||
Wanted to ask in relation to verification statement details is it ok for the Secured Party "organisation identifier type" to be the ABN or sh…
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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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|Looking for a Credit Officer Perth Eastern Suburbs||
Do you know a Credit Officer with great communication skills that's looking for a job in Perth. Great team, good employer who support a…
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|Looking for a credit controller - mossvale||
Hi looking for a credit controller to work for a distribution company in Mossvale.
Start ASAP great team and great company.
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|Looking for switched on Credit Control Assistant with attention to detail||
Looking for switched on Credit Control Assistant with attention to detail.
Nisbets has over 30 years experience in the Catering Industry. We opened…
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|PPS and Race Horses||
Hi, A part of our business owns race horses. The horses are variously being spelled on a farm (not our property) or at with a trainer at their facili…
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|Are 3 overdue notices required by law before referral to Merc?||
For overdue debt, we currently send a reminder notice, overdue notice and a demand notice. Both the overdue and demand notice state non-payment may re…
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|Customer Care Focused Credit Officer||
hi - reaching out for a credit officer that is more slanted towards a customer care/ reconcilliation type role than collections. Corporate Customer Ba…
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|Looking for a Senior Credit Analyst||
I am looking for someone to work in North Sydney in an experienced credit analyst role. They will be assessing and recommending limits on new…
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|PPSR Lodgements Partnerships||
I have a Credit Application and the entity name is a Partnership consisting of two Companies with two separate ACN's, the entity type bei…
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|licensing contracts & payments||
Hi All, We have a customer who has completed a credit app for building works in NSW. On checking around found the director to be an 'excluded individu…
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|GST on Export Orders||
We have an Asian based Customer who places export orders for delivery to an Australian warehouse prior to export . They have an ABN that is n…
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|Analysis and Statistics||
Hi all, I am wondering where I would find information/statistics relating to defaults vs population in Australia? Any help would be much appreciated.
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|Partial satisfaction of debt re s21D||
Please take the following scenario. An acceleration clause has been activated on a consumer loan bringing the amount due by the consumer to s…
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Out of curiosity, does the forum questions stay on the Credit Network or do they drop off with age? Just want to ensure that if I want to re-visi…
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|Collection Agency Complaints||
It is quite clear as to what avenues a consumer can take in regards to complaining about the conduct and actions/activities of a debt collection/merca…
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|WA candidates - Great temp role||
Hello WA people
Trace Personnel is looking for an accounts receivable extraordinaire for a freight logistics company based in Northern suburbs of Per…
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|Customer gone into Liquidation, next best step with PMSI registered||
A customer of ours has recently gone into liquidation and we have them covered with a directors guarantee and a registration on the PP…
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|credit card payment||
Hello all, we just worked out how much it is costing us for our customers to pay with a credit card (we carry the cost not the customer). We would lik…
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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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|S88 notice and acceleration clauses||
Good Afternoon All,
If you are invoking an acceleration must you issue a new s88 notice for the net balance due? S93 of the act says you must of iss…
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Not really a question more so a statement here. I was a little surprised to find out the only reporting agency that you are able to list payment defau…
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|notification of company going under||
Where can I find information if a company has gone under?
ASIC? Or is there anywhere else?
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In relation to PPSR I have attended an informative seminar recently advising to register on ACN's not ABN's the latter merely set up for ATO/GST purpo…
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|National credit reference scheme||
I work for a small finance company and we would like to become a member of "national credit reference scheme". So that we can obtain cr…
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Hi, just wondering if anyone is aware of any national credit manager job coming up soon.
Iam done with agencies .
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|clients questioning reasons for declined accounts (privacy act)||
I would like other's experiences on how they handle clients who ring and request reasons for declining their account. We have a clause in our applicat…
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|Credit Management Course||
Which is the best training institute that provides courses in Credit Management?
||1||68||88 days ago||Sign up or login to view|
I want to just say Hi, as I became the part of this forum. Thanks
||0||68||91 days ago||Sign up or login to view|
|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…
||4||145||96 days ago||Sign up or login to view|
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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|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…
||4||131||156 days ago||Sign up or login to view|
|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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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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