As the Area Manager of Campbellfield and surrounding districts I was given the opportunity to speak to a prudent business in the Commercial Fencing and Industrial renovations arena to see if their needs were Legal Binding Terms and Conditions of Trade and using the Australian Governments Personal Property Securities Act legislation to protect their assets while having a firm business grip over their debtors to become â€œsecured creditorsâ€ at the same time. The legislation makes it mandatory to have Terms of Trade in place, before the PPSR is introduced to their client/s.
The normal cautionary suggestion of wanting to ask his Solicitor for his legal advice come into our discussion.
After asking â€¦â€Why hasn't your Solicitor advised you of these VERY necessary precaution's before this timeâ€ came up?
He was perplexed by this obvious question â€¦but nevertheless he did enquire and was very disappointed to realise that not only was his legal advisor NOT up to date with this recently introduced law, but he also didn't know how to register his clients' interests properly and didn't provide this service.
After asking the price required for Terms of Trade documentation (not inclusive of the PPSR) from his legal advisor, the quoted price was far more expensive than EC Credit Control, and didn't include the completed paper work â€¦ any relevant specialised documents, follow up, backup nor the â€œback officeâ€ support that EC Credit Control offer.
EC Credit Control, has staff that specifically â€œspecialiseâ€ in Terms of Trade, and we offer a dedicated team to not only implement the PPSR registrations but we offer other services â€œhisâ€ Solicitor can't and doesn't offer â€¦consequently we now have a happy, satisfied client that can see the difference between â€œbeing on callâ€, as opposed to asking for a service â€¦where every minute is scrutinised and chargeable, not to mention the time taken to visit, find parking and having to adjust his own schedule to suit his Solicitors time line/s â€¦whereas while I am an Area Manager, I will call on my client at their convenience and time, at their work place and comfort zone. Also as a client of EC Credit Control you have the availability to seek free legal advice from our corporate partners, situated in Melbourne's CBD, however these professionals will visit you at your place of business, after initial telephone discussion/s.