Book appointment
Book appointment 07 3186 8669

Debt Recovery

Home
Commercial Litigation & Dispute Resolution
Debt Recovery

Recovering what you’re owed.

Unpaid debts can place significant pressure on businesses and individuals.

Recovering outstanding amounts quickly and efficiently is essential to maintaining cash flow and financial stability. Taking the right steps early can improve the chances of recovery. Legal guidance ensures the process is handled professionally and effectively.

What is debt recovery?

Debt recovery involves pursuing unpaid invoices, loans, or other financial obligations. This may include individuals, businesses, or companies that have failed to meet agreed payment terms.

The process can range from issuing demand letters to commencing legal proceedings and enforcing judgments. In Queensland, debt recovery is governed by court procedures and relevant legislation.

Book appointment

We’re here to help

Moore Lawyers assists clients in recovering debts through clear and practical strategies. We can issue formal demands, negotiate payment arrangements, and advise on the most effective course of action.

If necessary, we can commence legal proceedings and take steps to enforce judgments, including seizure of assets or other enforcement actions. Our focus is on achieving timely and cost-effective recovery outcomes.

Book appointment
More Info

Frequently asked
questions

What is the first step in recovering a debt?

The first step is usually issuing a formal letter of demand outlining the amount owed and requesting payment within a specified timeframe. This often prompts payment without the need for further legal action.

Can I recover legal costs from the debtor?

In many cases, legal costs may be recoverable, particularly if court proceedings are commenced. However, this depends on the circumstances and the applicable court rules.

Is there a time limit to recover a debt?

Yes. In Queensland, most debts must be pursued within 6 years under the Limitation of Actions Act 1974 (Qld), although this can vary depending on the type of debt.

Related articles

Browse articles, cases, and research relating to commercial litigation and dispute resolution.

Browse all
Tips & Advice

Behind the curtain: ATO in the spotlight

Read more
Family Law

5 Tips You Need to Know When Reviewing Your Binding Financial Agreement

Read more
Tips & Advice

Storey v Britton

Read more
Tips & Advice

What to do if you’ve received a Claim and Statement of Claim?

Read more