A steel frame builder sought our assistance in recovering an outstanding debt of 135,000 AUD from a builder. Given the substantial amount of money involved, the client was understandably anxious about the potential time, effort, and legal expenses that might arise in pursuing the matter. Already out of pocket, the client feared prolonged litigation and costly court appearances.
At Collect A Debt, we understand the financial and emotional toll that such disputes can take. After carefully reviewing the case, we presented the client with a range of options tailored to their needs. Together, we decided that mediation offered the most practical and cost-effective path forward.
Our legal team facilitated the mediation process, which allowed both parties to openly discuss their positions and negotiate a settlement. The mediation culminated in a mutually agreeable resolution, with both parties sharing the costs involved. The client successfully recouped the majority of the owed amount without resorting to protracted legal battles, saving valuable time and resources.
This case underscores the importance of exploring alternative dispute resolution methods for achieving favorable outcomes in complex financial disputes.
