Oct
11
Q: I have sent many Letters of Demand, reminders, emails, and phone calls to get paid: Why doesn’t this Work?
A: This doesn’t work because it does not cause your debtor any discomfort and does not create leverage for you. That is, the only price your debtor is paying for not paying you, is having to read your emails and ignore your phone calls. In exchange the debtor gets your work for free. The way around that is to start making your debtor uncomfortable by starting Security of Payment adjudication or some other formal process to get them uncomfortable and having to spend time and money to avoid payment. Now you have created a motivated debtor who wants to pay you to get rid of you!
For more information, contact Anthony Igra, at Contractors Debt Recovery
on 1300 669 075 or visit their website www.contractorsdebtrecovery.com.au
