Recover what you're owed.
We act swiftly and decisively to recover outstanding debts for businesses of all sizes — from initial demand through to enforcement.
Practical, results-focused debt recovery
Unpaid debts put pressure on your cash flow and your business. Gracewood Reid Lawyers provides end-to-end debt recovery services, combining commercial pragmatism with firm legal action where necessary.
We act for creditors across a broad range of industries, from small businesses pursuing individual debtors to large corporations managing complex multi-party recoveries. Our approach is direct, efficient, and focused on results.
Our debt recovery services
Demand letters & pre-litigation
Professionally drafted letters of demand that prompt payment without unnecessary escalation — and signal your readiness to proceed if ignored.
Court proceedings
Issuing and managing proceedings in the Magistrates', County, and Supreme Courts of Victoria and other jurisdictions as required.
Default judgments
Obtaining judgment quickly where a debtor fails to respond, so enforcement action can begin without delay.
Enforcement & execution
Garnishee orders, warrants of seizure and sale, and examination hearings to locate assets and compel payment.
Statutory demands
Issuing statutory demands under the Corporations Act to pressure corporate debtors, with winding-up proceedings where appropriate.
Negotiated settlements
Structured payment arrangements and deed of settlement negotiations that recover funds while preserving commercial relationships where possible.
How we work
Initial assessment
We review your debt, the debtor's circumstances, and the most effective recovery pathway.
Demand & negotiation
A formal letter of demand is issued. Many matters resolve at this stage without court involvement.
Legal proceedings
Where payment is not forthcoming, we commence proceedings promptly and manage the matter to judgment.
Enforcement
We pursue all available enforcement options to convert your judgment into actual recovery.
Ready to recover your debt?
Contact us today for a confidential discussion about your matter.