Complaining about how much money is owed to you?

At CollectIT Ltd we are...

  1. Boasting an industry leading success rate of more than 70%.
    This means that businesses are getting their outstanding money sooner and improving their cashflow.
  2. Transparent – there are no surprise bills or costs. Our clients are always able to make informed decisions as to whether it is cost effective to move onto the next step to pursue outstanding money.
  3. Actively pursuing the debtors & keeping our clients up to date with the process which allows them to get on with their core business.
  4. Utilising the court system without charging lawyers costs which ensures the whole process is cost effective for our clients and providing a further step clients can take if debtors are not paying.


If you have a fantastic system in house but still have some old debts on your books, give us a call at CollectIT so that we can clean those old ones up for you - 07 834 9111

Alternatively, if you really dislike asking your clients for money and just hope that they'll pay, give us a call at CollectIT 07 934 9111 or email so we can assist with improving your cashflow.

CollectIT is trying to improve the court process around liquidation

In CollectIT's February 2011 newsletter we wrote about a diy subscriber's frustration at the High Court's refusal to allow it, as a company, to file liquidation documents against a debtor. CollectIT's subscriber had no choice but to engage a solicitor, and pay a fee to that solicitor in return for the solicitors name on the documents.

This situation only occurs in the High Court. In the District Court a company is permitted to file documents and appear in court through an appropriate company representative, for example, a company director. CollectIT wrote to the Minister of Justice pointing out the differences between the District and High Court and asking whether there were any plans to change this situation and allow company representatives to file documents and appear in the High Court on a company's behalf.

The Ministry for Courts responded on 7 April 2011 and basically the response was disappointing. Not only are there no plans to change the current situation there is a suggestion that there may be a change in the future to disallow the filing of documents, and appearances in court by a company in the District Court. CollectIT considers that all entities, whether they be individuals, trusts or companies should be allowed to file documents and appear in court. No good reason has been put forward for the distinction between individuals and companies. The current situation in CollectIT's view amounts to a barrier in the High Court process to justice.

So .... we need to work within the courts rules at the moment and that is exactly what CollectIT is doing with fantastic results. If you have outstanding money don't leave it any longer!

Contact CollectIT on 07 834 9111 or info@collectit.co.nz

Until next time

Catherine Clark & Melanie O'Neill Directors

0508 CollectIT (0508 26 55 328)

FULL STORY>>

What happens if you can't find your debtor?
This is a problem that often affects creditors, as debtors can be transient or experienced in avoiding creditors. There are some routine places you should search.
Substituted Service - an alternative if your debtor has moved
Missing Debtor? Can't start Court Action?
Courts driving you crazy? Who will be your advocate?
Filing Liquidation Documents in the High Court
How long are you leaving your slow payers before chasing them?
Don't leave it too long ...
Could your business be more productive?
A few of our small to medium sized business clients have been raising staff issues with us lately - how to find the best ones and then keep them.
Companies Office Website
Have you ever looked up the companies office website? It has come to our attention at CollectIT that many business owners are not aware of this valuable public information (and that some other debt collection agencies charge to look up information for you!!??)
Companies office website - are you using this valuable FREE information?
Have you ever looked up the companies office website? It has come to our attention at CollectIT that many business owners are not aware of this valuable public information (and that some other debt collection agencies charge to look up information for you!!??)
What are you afraid to lose?
Are you slow to make changes when it comes to your debtors?
Is it fair that some individuals get away without paying their debts? Then start up another company?
New Law proposed for Companies
Is it fair that some individuals get away without paying their debts? Then start up another company?
June 2010
New Law proposed for Companies

 

 

 
 
 
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