Debt recovery: Enforce security interest
Enforce your security interest and recover your debt before the window closes.
Security enforcement done correctly, at pace
What is the PPSR and why does it matter for secured lending?
What notices are required before I can take possession of secured property?
What happens if my PPSR registration has an error?
What can I do if the proceeds of the secured asset are not enough to cover the debt?
Enforce your security correctly
Recover your asset or debt
Eliminate enforcement liability
Ready to enforce your security?
Every day of delay erodes your security position.
- We will review your security documents and PPSR registration.
- We will advise on the correct enforcement process for your security type.
- We will prepare and serve all required default and enforcement notices.
- We will manage possession, sale, and disposal of the secured asset.
- We will advise on recovery of any shortfall following realisation.
Security on paper is not always enough.
You lent money or provided credit secured against a specific asset – a vehicle, equipment, property, or a general security over a business. The borrower has stopped paying and is not engaging.
You have security on paper, but you need to know whether it was registered correctly, whether your enforcement rights have crystallised, and what the right sequence of steps is to take possession and realise the asset. The longer you wait, the more risk there is that something changes in the borrower’s position that makes recovery harder.
What's included in your security enforcement service
- Security document and PPSR registration review.
- Enforcement notices preparation and service.
- Asset possession and realisation management.
- Shortfall recovery advice.
What happens when a secured lender delays enforcement?
The window between default and asset recovery is when secured lenders are most vulnerable. A borrower who knows enforcement is coming has time to dissipate assets or create disputes about your security.
PPSR registration errors – even minor ones, such as an incorrect serial number on a vehicle or a gap in the registration period – can destroy priority, converting a secured claim into an unsecured one at exactly the wrong moment. Incorrect enforcement notices or wrong sequencing can give the borrower grounds for a counterclaim that paralyses the enforcement process.
Getting each step right, in the right order, at pace, is what separates a clean recovery from a contested mess.
How we take control of your enforcement
We take over the enforcement from the moment you engage us. We review your security documents and PPSR registration for any defects, confirm your enforcement rights have crystallised against the relevant assets, and prepare every notice and step in the correct sequence.
We deal with the borrower, manage any disputes that arise, and conduct the realisation process in a way that maximises recovery and eliminates your exposure to counterclaims. By the time the asset is sold and the proceeds are applied, the process is documented and defensible at every stage.
Three steps to recovering your asset or debt.
Review and advise
We review your security documents and PPSR registration, confirm the scope of your enforcement rights, and advise on the correct process for your security type.
Issue notices and enforce
We prepare and serve the required default and enforcement notices, manage possession of the secured asset, and handle all dealings with the borrower and third parties.
Realise and recover
We manage the sale or disposal of the secured asset and advise on recovery of any shortfall, ensuring the process is completed correctly and your position is protected.
Experienced secured lending lawyers ready to enforce your security quickly and correctly.
We understand how stressful it is to watch a borrower default while your capital sits locked in an asset you cannot access. Speed matters in enforcement. So does precision.
Our lawyers have managed enforcement action across a wide range of asset classes – from PPSR-registered equipment and vehicles to complex business security arrangements – and we know how to move quickly without cutting corners. Speed matters in enforcement. So does precision. We deliver both.
We understand you want to know the cost, before we get started.
We will map out our process, from beginning to end, so you know what the journey will look like before you get started.
We will provide you with a clear and detailed Work Proposal covering each step along the way.
Our fair fees are all-inclusive. No hidden costs for telephone calls, emails, photocopying, couriers, or coffee.
Our great lawyer guarantee
We want to be part of your team over the long term. We achieve this by adhering to these core principles:
Take the time
We listen carefully to understand what you want to achieve. Then we thoroughly explain our advice and step you through the documents. You can be sure you know the full consequences.
Share our knowledge
We will pass on as much knowledge as we can, so you can make your own informed decisions. We want to make you truly independent.
Stick to our knitting
We only do what we're good at. You can be confident that we know what we're doing and don't pass on the cost of our learning.
Work as one team
Someone will always be available to answer your questions, or point you in the right direction. You will also benefit from a range of perspectives and experience.
Fair pricing
For advice and documents, we provide a fixed or capped quote so you don't take price risk. If you're in a dispute, we map out the process and costs so you know what to expect.
It's your show
We're not in this for our egos. We're in it for a front row seat to witness your success.
