For unsecured creditors, understanding the legal avenues available to recover debts is crucial. In Australia, there is a structured legal process for debt recovery, from issuing a claim to enforcing a judgment through bankruptcy or liquidation. This article details each step of the process, including the risks and benefits, helping…

As a Credit Manager, maintaining a firm grasp on financial health and creditworthiness is crucial to minimising risk and maximising profitability. One of the most effective ways to assess potential clients is through the analysis of specific accounting ratios and financial metrics. In addition, knowing when to outsource debt recovery…