We deal with liquidators on a regular basis.
They tell us that the majority of lawyers Preferential Payment defence letters are poorly written and ineffectual, they are for the most part hopeless.
A lawyer will charge you an initial $1,500 to $2,000 and can get you in deeper than you originally were. Lawyers will take a look at the size of the claim and set their fees accordingly, we don't.
We can offer you a much better defence provided you have submitted your Proof Of Debt form correctly and haven't given yourself up chasing your money with threatening and abusive emails to the liquidating builder. That is not the way to go about collecting your hard earned.
Do what the big boys do, send one email pointing out that the builder is outside your trading terms and "please bring your account back inside our agreed terms" and then follow up by phone.
The truth is that most of the time, subbies are the last to know the builder is in trouble.
We at Subbies United know the right approach in dealing with preferential claims to give you the best chance for a lot less cost than your law firm.
No one can guarantee you success but our strategies come straight from liquidators themselves who tell us the best defences they cannot argue with. We pass that onto you.
Voidable transactions or preferential payment claims can send a business owner into meltdown. It adds insult to injury because in most cases, the business owner is often a large creditor of the liquidated company and if he was lucky enough to get a payment, now the liquidator want’s to claw it back.
This is an example of typical wording of a claw back letter from a liquidator;
"I draw your attention to s588FA of the Corporations Act 2001 regarding the granting of a preference to a creditor with the effect of giving priority or advantage to that creditor over other creditors."
The good news is that in many cases you can fight against paying the money back and we can help you do that.
You can contact us via email at [email protected] or preferably, complete the form below to get the ball rolling.
NOTE: While we give a lot of free advice and help to subbies, this is not a free service as professionals and industry experts are involved to make sure the advice you get is the best available.
We will require payment for us to provide our assistance and expertise, the average amount is $385 but can vary depending on the complexity of the claim.
Once you provide the details of your situation we can let you know how we might be able to help you but we guarantee it will be substantially cheaper than a law firm. We are about helping subbies, not taking their money under false pretences.
NOTE: All correspondence will be treated in confidence. If we cannot help, we will tell you.