Archive for the ‘3. Recovering Bad Debts - Small Claims Tribunals’ Category

March 1st, 2010

When To Recover Bad Debts Through The Small Claims Tribunal?

Posted in 3. Recovering Bad Debts - Small Claims Tribunals Tags: , , ,

Besides fulfilling the criteria listed in my earlier post, I have accessed my situation by considering these factors:

  • Whether the company will still be in business 6 months after I file my claim
    • Reason being that if the company closes down within 6 months, it may be harder to reach the respondent (debtor).
    • Also, by that by the time action is being taken

February 18th, 2010

What Types of Claims Can Be Lodged At Small Claims Tribunals

Posted in 3. Recovering Bad Debts - Small Claims Tribunals Tags: , , , , ,

If you intend to recover your bad debts through the Small Claims Tribunals, do proceed early as it may take longer than expected to recover your bad debts.

The claims must fulfil these criterias before you can file at the Small Claims Tribunals:

  1. The amount claimed must not exceed $10,000.
  2. The limit can be raised to $20,000 if all parties (Claimant and Respondent) consent in writing before the Registrar or Assistant Registrar.
  3. Amount

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