If you owe money to someone or if someone owes you money then a debt exists. Effective debt collection for a business involves the skilled use of negotiation and legal processes to recover money that you are owed while minimising legal costs.

This Legal Guide is primarily for creditors and debt collectors but it may also provide helpful information for debtors who are wondering what they can expect in certain circumstances. Before making important decisions it is advisable to obtain legal advice specific to your situation. LegalEagle’s™ free directory profiles all lawyers in Australia. You can use it to Find a Lawyer near you.

Please select below from our Articles, FAQ and Questions & Answers sections all written by experienced lawyers. Our Glossary helps explain the meaning of any words you are unsure about. You can also Ask a Lawyer a question yourself. It is free and anonymous.

Warning: Information provided through LegalEagle™ is for general guidance. It is not legal advice. Laws and procedures referred to may change and differ between states, territories and nationally. There may also be important exceptions or qualifications. Only a lawyer providing formal legal advice can assess your particular circumstances to determine how the law will apply.