Defaulting and Overdue Debt - Understanding the Legal Process

This practical 1 day course will cover the key legal aspects of credit control - from the reason why a good credit application is important to the preparation for a legal case, and the handling of insolvency. Delegates will discover how to review their legal position when consdiering options for litigation, charging interest, dealing with liquidators or outsourcing difficult collections.

Topics covered in this intensive 1 Day Program include:

• Reviewing relevant sections of the latest legislation that affect your organisations ability to collect overdue debt
• Understanding various Business Entities and how these affect your claim on monies owed
• Strengthen your legal position with key words in your Credit Application and Sales Agreements
• Complying with the relevant provisions of the NCA and CPA to prevent technicality throw outs
• Methods for securing the debt up front, giving you uncontested priority for recovering your monies
• Using the "passing of ownership and risk laws", to increase the chance of recovering goods
• Preventing debtors from using voluntary liquidation, contrived liquidation and other unscrupulous liquidation related activities to avoid payment of debts
• When and how to implement legal proceedings, and how to best use the courts for collection
• The role of collection agencies and other Third Parties in collecting difficult debt

Who will benefit from attending this course?

• Credit Control Managers
• Head of Debtors
• Financial Managers/Directors
• Company Legal Advisors
• Owners of Small Businesses
• Credit Sponsors
• Financial Controllers
• Credit Controllers
• Admin Managers