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The life cycle of debt recovery. Seminar paper. December 2017
Seminar Paper
Call No:
F KN 305.1 T 1
Melbourne, Vic.: Television Education Network (TEN)
Court proceedings for debt recovery -- Pre-emptive action: what is a director's guarantee? -- Front end attempts to protect creditors from debtor insolvency - charging clauses -- PPSA registration -- Understanding the recovery avenues - statutory demand versus court proceedings -- Statutory demands - understanding the process -- Statutory demands - the form -- Statutory demands - when an affidavit in support is needed -- Characteristics of a valid statutory demand -- Statutory demands - amount and nature of the debt being claimed -- Statutory demands - in what circumstances will a statutory demand be set aside under section 459G? -- Statutory demands - other reason to set a statutory demand aside? -- Service of statutory demands -- Now to the reverse scenario: serving a set-aside application -- Failure to comply - is it always worth commencing winding up proceedings? -- Costs associated with court liquidations -- Court proceedings - factors to consider when deciding to litigate -- Court proceedings - causes of action -- Court proceedings - obtaining a judgment, or costs order, and the implications thereof -- Enforcement mechanisms other than bankruptcy or liquidation - enforcement hearings -- Enforcement warrants for redirection of debts -- Enforcement warrants for seizure and sale of property
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