Bankruptcy

HELP! I’ve received a Bankruptcy Notice!

What is a Bankruptcy Notice? A Bankruptcy Notice is a formal demand issued by a Creditor (person owed money) against a Debtor (person who owes money) for payment of an amount of money owed as a result of a final court judgment or order. To issue a Bankruptcy Notice a Creditor must hold a valid …

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Could Social Media Could Effect The Outcome Of My Case?

It is now a social norm to post about your life and share your opinions and stories on social media platforms, particularly Facebook, Instagram and Twitter. Unfortunately, placing your life, private affairs and images in the public arena is risky business. The growing dominance of social media in society now means that the content posted …

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AfterYAY or AfterNAY for AfterPAY?

In recent years, Afterpay has taken Australian shoppers by storm. It is now easier than ever to get that outfit, book that flight or go on that adventure and pay for it later. It sounds great doesn’t it? What could possibly go wrong? Well here at Adams & Partners, we can tell you that everything …

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Is my claim for a debt statute barred?

Contractual relationships govern most of our daily interactions and over the course of our lives most of us will enter into a contract either as an individual or business. In many cases, these contracts concern one party owing money to another. What often comes as a surprise is that in NSW, there comes a time …

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Enforcement of Judgments

I have previously written in the past about the debt recovery process on our blog – if you’ve read it, I hope that you found it helpful. 

Beware Statutory Demands!

Don’t ignore letters of demand issued by your creditors – particularly if they are a certain type called a “Statutory Demand”. These demands can be issued to companies and the consequences of failing to respond to one of them can be severe.

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