We will ask the debtor to make contact with us or risk facing further debt recovery action.
We will inform the debtor how disappointed we are that they have not made any contact with us and advise them that if the debt is not immediately paid the matter will progress. A little bit of reverse psychology here goes a long way to obtaining a response.
This is the last step Vic Collect will take to recover your debt. The debtor is advised that if the debt is not paid within 7 days, Court action may be issued which will incur costs to be borne by the debtor.
Failing Vic Collect being successful to recover your debt, we will provide you with advice on legal action, including the costs involved and will recommend and engage a lawyer to act on your behalf. The alternative would be to write the debt off or have us make further demands for a file extension fee.
Provided through Creditor Watch, Credit Checks on prospective customers are a great way of instigating good credit policy. By performing a credit check you can determine the credit worthiness of a company or business you wish to do business with, thus minimizing the risk of them becoming a non-payer. Performing a credit check however is not as easy as it may seem, as you must have have written authority from the company or business you wish to investigate, giving you permission to conduct a credit check on them. Many businesses have obtained this permission by way of terms and conditions agreed on when setting up a credit account. But what if you don’t run credit accounts. Well, Vic Collect can assist you by providing you with a simple one page form to be completed by your prospective customer, providing the required permission and therefore complying with the relevant section of the Privacy Act. Simply click below and download the Credit Check Form and have your customer complete it. Then return it to us for a credit check to be done for $70. You must be a Vic Collect client to take advantage of this service. OR, if you do have a signed Credit Application form allowing a credit check to be performed, email this to us and we can perform the credit check for you.
1. Publically available ASIC Search and/or ABR data:
2. Adverse Data (if present)
3. CreditorWatch Credit Score
4. Company Overview & Credit Status Report
The commission we charge on debts collected is as per the below Commission Rate Table. The percentage charged is set on the debt amount you hand to us to collect.
39 The Esplanade, Seymour VIC 3660