Debt Recovery for Liquidators & Trustees
Recovering outstanding debts within an insolvent estate requires precision, documentation, and a strategic approach. Bluechip supports liquidators, trustees and administrators by managing complex recoveries across trade debts, director-related liabilities, and commercial accounts — all with transparent reporting and strict compliance.
Common Pain Points in Insolvency Recoveries
- Aged and disputed commercial debts
- Poor or incomplete debtor documentation
- Cross-claims from directors or related parties
- Debtors who avoid contact once liquidation is announced
- High volumes of overdue trade accounts needing fast action
- Need for clean audit trails for reporting to creditors
- Limited time to maximise recoveries before the end of administration
How Bluechip Supports Insolvency Professionals
We provide recovery support tailored specifically for insolvency scenarios:
Commercial Debt Recovery
- Overdue trade invoices
- Final demands prior to external escalation
- Recovery of business-to-business accounts
- Ledger cleanup and reconciliation
Director & Related-Party Accounts
- Negotiation on director loan accounts
- Follow-up for related-entity debts
- Evidence and reconciliation support for reporting
Insolvency-Compliant Communication
- Formal, compliant contact scripts
- Time-stamped audit trail for every action
- Documentation support for creditor reports
Operational Advantages
- High-volume debt onboarding
- Priority handling for aged or disputed accounts
- Seamless escalation to Boss Lawyers when required
Pricing (Collections Commission Only)
Insolvency-related debts typically proceed directly to formal collections; therefore, the standard Bluechip commission fee schedule applies.
Official Commission Schedule
- 6.5% — Over $100,000
- 10% — $50,001 – $100,000
- 12.5% — $30,001 – $50,000
- 15% — $10,001 – $30,000
- 20% — $5,001 – $10,000
- 25% — $1,001 – $5,000
- 35% — $100 – $1,000
Additional Notes
- Debts older than 12 months: +5% surcharge
- Debts under $500: $10 + GST loading
- No recovery, no commission
Full documentation provided for reporting obligations
Need Support Recovering Insolvent Estate Accounts?
Get started with Bluechip today.
