Traders can help your credit and accounts departments recover delinquent accounts.

Debt recovery has been and remains at the core of the business of Traders for four decades.

Traders maintain a fair and practical approach to debts at all times and can assist your credit and accounts departments negotiate with your clients to reach a mutually favourable outcome for your business and your clients.

Debts can be loaded electronically and will be actioned the same business day, with regular contact with your nominated business account contact to keep you informed of the status of your recovery and to suggest possible next steps.

Traders is run by lawyers from the firm Collins & Stephens Lawyers, an experienced and established commercial litigation and insolvency law firm

Where a matter needs to be referred to litigation, Traders can immediately and seamlessly brief the lawyers of Collins & Stephens Lawyers with the backgroud of your debt so that they can action the proceedings without delay, both here and interstate.

The lawyers of Collins & Stephens Lawyers are also available to our clients for inital consultation about their debt or other legal matters without cost, for those circumstances where your business might not be sure and want some clarity around the options your business may have.

And if it doesnt suit you to come to us, we can schedule a video conference or visit in person to discuss matters with you.

Traders can provide searching during the course of your relationship with your clients, so you can better monitor their status and health.

From land title searching, PPSR and personal location searching for your guarantors to ASIC and AFSA register information, Traders can ensure that you remain up to date and informed throughout your trading relationship with your clients.

Traders can provide fast background search reporting around credit applicants at the time of their application with your business, to better assist you to assess how much credit you advance to a customer before you choose to do so.

As well as asset, security and relational searches, the directors of Traders offer decades of experience in insolvency law and can provide custom reporting and advice to you prior to you advancing credit to your customers, ensuring your credit exposure is within your level of comfort and properly secured.

Not sure if your credit application, terms and conditions document or personal guarantee are out of date or all they should be?

Traders can provide - specific to the industry in which you operate your business - a full assessment of your documentation to suggest the sort of changes that will both improve your prospects of recovery and the scope of the amount that you can recover.

The Personal Property Securities Act 2009 (Cth) (PPSA) has changed the landscape of personal property securities law and retention of title in Australia

The PPSA can be a powerful tool in your risk mitigation strategies. However, the PPSA is complex and requires strict attention to detail when making registrations on the Personal Property Securities Register (PPSR).

Even small errors or minor delays in registration can sometimes be disadventageous or fatal to a registration on the PPSR.

Traders (with assistance from Collins & Stephens Lawyers) can help your credit and accounts departments register on the PPSR accurately and within required time limits, ensuring you get the best possible priority available to you under the PPSR.