It can often be a difficult and time consuming process to recover a debt from someone. As someone who is owed money, you are a creditor and you have a number of options which you can consider before you try to recover the outstanding debt from the debtor.
You may have questions such as;
- What is the quickest and most cost effective way of recovering a debt;
- What Court do I apply to when I am seeking recovery of the debt;
- What is the process for obtaining a judgment;
- What information do I need to include in my application and submissions;
- If I get a judgment how can I enforce that judgment against the debtor.
In recovering a debt you can apply to the Disputes Tribunal, District Court or High Court, depending on the amount that is owed to you. You can also use an alternative process such as mediation or arbitration to recover the debt. These processes can be both daunting and time consuming. We can assist you with every step of this process and advise you as to the most efficient way to recover the debt as well as what your options are with respect to enforcing any judgment you obtain.
If you require any advice or further information on the matters dealt with in this publication please contact the lawyer at Farry and Co. who normally advises you, or alternatively contact:
Kirsten Maclean
03 477 8870 or 09 379 0055
The information contained in this publication is intended as a guide only. It does not constitute legal advice and should not be relied upon as such. Professional advice should be sought before applying any of the information to particular circumstances. While every reasonable care has been taken in the preparation of this publication, Farry and Co. does not accept liability for any errors it may contain.