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ADC Legal Litigation Lawyers
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Our mission is to give outstanding litigation legal services at a great price
Our mission is to give outstanding litigation legal services at a great price

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The rights of third parties against insurers is primarily regulated by section 51 of the Insurance Contracts Act 1984 (Cth) (“ICA”) and incidentally through section 54 of the ICA. Prior to the introduction of the ICA, section 51 only covered compulsory third party situations; other areas, such as property and marine insurance remained largely unregulated. Section 51 of the ICA now covers all types of liability insurance.

In summary, section 51 states that a third party who has a claim against the insured person or the third party beneficiary of the insured person, can instead proceed directly against the insurer in the event that the insured is dead or cannot be found after reasonable attempts.

The equivalent of section 51 for corporations is section 601AG of the Corporations Act 2001 (Cth). This section gives the right to a third party or any person to bring an action directly against the insurer of a deregistered company for any amount that was payable to that person under the Contract of Insurance (‘COI’). Thus, in case of corporations, Section 601AG can be used in conjunction with section 51 of the ICA.

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In a recent Victorian Supreme Court decision, the Court found that 52 days of hire car costs was not unreasonable.
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Outsourcing your debt collection allows you to focus on running your credit department and can actually save your company time and money. There are many debt collection agencies to choose from, so it’s important to choose wisely.
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The job of actually recovering the incurred loss is often forgotten about until it’s too late or completely overlooked. Here at ADC Legal, most of our staff and legal practitioners are from insurance claims or broking background. Our passion is insurance claims recoveries. We live and breathe it every day.
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Working with a collection company will see your late payments and non-payments significantly reduced as they solely focus on monitoring and collecting your receivables. Outsourcing not just the collection, but the monitoring of your overdue invoices will ensure this stressful and time consuming task is handled by industry experts. #EOFY #DebtRecoveries
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Fix your Credit Rating with 3 Easy Steps:
https://adclegal.com.au/how-to-clear-your-credit-rating/

📌 Step 1. Find out your Credit Score
📌 Step 2. Fix Mistakes
📌 Step 3. Hire a Credit Repair Company to do the Work for You
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Here are a few suggestions on how you can reduce expenses, avoid getting into debt and some suggestions on what to do if you do get into debt
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Instead of hiding from debt collectors, you might want to start thinking about working with those collectors to pay off your outstanding debts.

#DebtCollector #PayYourDebts #PaymentDue
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You have a business to run. You have better things to do than spending your valuable time collecting past due accounts. Handing your outstanding debts and accounts receivables over to a commercial collection agency is often your best course of action. Here are the early warning signs it may be time to send your debts to the debt collector.
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Cash is King and everyone wants to get paid on time, but how come you are always left to the last?

Before you outsource to a reputable debt collector or litigation agent, there are a few things you can do yourself, to get your customer to pay you on time, rather than have the matter run into a delinquent debt.

#debtcollection #debtcollectorAustralia
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