News

Recovering a debt in New South Wales

You are owed money and have been unsuccessful in having it paid despite numerous call, emails and letters. What do you do now? Letter of demand The first step is to have a solicitor write a letter of demand. A letter of demand is a letter to the debtor stating that...Read More

The pitfall of undocumented family loans

It’s not uncommon for one family member to loan money to another family member without preparing a written agreement and with the intention that it will be repaid when the person loaning the money asks for it. Such a loan is termed an on demand loan, that is, the loan...Read More