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Insolvency and Debt Recovery

Palmos Legal have considerable experience and a proven track record of success in debt recovery matters of all forms. We have particular expertise assisting clients (including many of Perth's major private schools, large and small business and individuals) recover outstanding debts, and defend claims made against them for sums ranging from $10,000.00 to upwards of $5 million.  We take pride ensuring that any debt recovery action we undertake is commercially sensible for our client. Our experience and success is second to none in the market. 

 

We also regularly act for creditors pursuing recovery options against debtors in financial stress, or are insolvent and/or in external administration, and making or defending statutory demands.

Our experience includes:

 

  • Statutory Demands and Winding Up Applications (advising on, preparing and serving supporting documents)

  • applying for and opposing applications to set aside statutory demands

  • making or opposing applications to wind companies up.

  • Acting for creditors and debtors in debt recovery proceedings in the Magistrates Court, District Court and Supreme Court of Western Australia

  • Company Administration, Receivership and Liquidation

  • Recovery of Property

  • recovery/defence of unfair preference claims

  • recovery of uncommercial transactions

  • claims against directors for insolvent trading

  • claims against directors or third parties arising from breaches of directors’ duties

  • making or opposing bankruptcy petitions