Small businesses comprise three-quarters of Australia’s recent corporate insolvency cases. These enterprises also represent the largest group of debtors. Even when early warning signs are present, insolvency can disrupt even the most stable accounts receivable processes. In these situations, businesses then face the urgent questions about whether payment is still…
Chasing unpaid debts feels like it should be simple – until you are the one doing the chasing. Debt recovery, in theory, is a straightforward process: a creditor demands payment, and the debtor complies. But in reality, it is a game of persistence, negotiation, and strategic approach. Yet, recovering…
