The headache of recovering debt

If you have a client who owes you thousands of dollars or more and who is not returning your phone calls or messages, what can you do? There are several options, says Paul Cott, Principal at Law on Lydiard. Engaging a lawyer or a debt collector is a last resort, which may not necessarily guarantee you getting your money back. You can go to court and win, and still be out of pocket. Paul details the options available, including instalment orders where, as the term suggests, a court orders a payee to pay in instalments over time.   Business Essentials Daily is produced by: SoundCartelsoundcartel.com.au+61 3 9882 8333See omnystudio.com/listener for privacy information.