Brookfields has a long history of legal practice
in New Zealand. Over the years we have updated and refined our debt collection
systems to provide an efficient service to recover outstanding debts for
our corporate, local authority and private clients. Our skilled debt recovery
team is co-ordinated by Lisa Hughes, a senior legal executive in our
commercial litigation division. A demand from a law firm is often all that
is needed to recover the debt. We have a high degree of success with initial
telephone discussions, letters of demand, and statutory demands.
For more obdurate debtors, the issue of court proceedings may be necessary
to demonstrate the degree to which creditors are prepared to go to recover
outstanding moneys. In many instances, we also find that the mere service
of court proceedings will result in payment of the debt.
Individual Debtors
Indicative costs* for recovering moneys from individual debtors where there
is no obvious defence to the debt:
- Obtaining instructions, sending letter of demand and liaising with debtor
$250.00
- Issuing ordinary court proceedings and judgment by default
$800.00
Company Debtors
Indicative costs* for recovering moneys from company debtors:
- Initial telephone
contact with debtors and statutory demand
$250.00
- Issuing liquidation proceedings (including advertising), appearing to obtain liquidation order
$1,500.00
Defended Matters & Enforcement
Indicative costs* for recovering moneys from company and/or individual
debtors:
Summary judgement proceedings, defended hearings, bankruptcy and enforcement
proceedings are charged on a time in attendance basis.
Estimates of the cost of these steps can be given in advance of doing the
work on a case by case basis.
*Costs exclude GST and disbursements and are effective as at 17 February 2009
Contact Us:
Lisa Hughes
Senior Legal Executive - Associate
t: +64 9 979 2219
e: Lisa Hughes
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