Chasing Debt Owed by a Company Whose Face Is It? 2 2 Wills & Marriage Congratulations Gareth 3 3 Client Referral Reward Program Our Raving Fans! 4 4 Inside this issue: Number 2 for 2015 protecting you and your family Roller Coaster verses The Swing Thanks to all the clients who sent comments in regards to my story from the last edion. A lot of people told me similar stories of passports being leſt behind. Mind you, they all managed to get the passport in me so as not to miss their flight. I even had clients, Dennis and Cheryl Doolan, who sent me a photo of themselves at the airport holding their passports. Thanks guys. Nothing like rubbing some salt into the wound! Then it hit me. Maybe I had just found my legacy in life…that no one shall ever leave home without their passport when going overseas. This may just help my recovery process. Now back to the trip. There is a roller coaster ride at Universal Studios called “The Rockit” (you can view the ride on YouTube). Bayley wanted to go on it, but Kerriann was a lile apprehensive. My view was if he is tall enough and wants to go on it, then he should go on it. Bayley just made the height restricon by a hair, and was pumped. To ease Kerriann’s concerns, I said I would ride with Bayley. As the roller coaster slowly climbed up and up, the excitement on Bayley’s face started to disappear. We reached the summit, and then it started. The very first drop seemed vercal. I looked at Bayley and was greeted by a look of pure terror. The only way to describe it, think of the footage of Paul Vaun on the Vomitron at the Gold Coast (again you can Youtube if you haven’t seen the footage) and that is what Bayley looked like. I thought “what have I done?” I can’t tell you what happened on that ride because all I did was hold his hand and kept looking at him. I now know that was not a good move on my behalf. Bayley wasn’t in a good shape mentally aſter the ride. There was only one answer…get him on another ride and quick. The closest one was “The Mummy”. Off we went. Now, “The Mummy” is an indoor roller coaster and it was much faster than I thought it would be. Thankfully Bayley loved it and wanted to go again and did. The same could not be said about myself. I said to Kerriann she should go on it and I would just sit down on the ground and wait for them. Every minute, I progressive felt worse and worse. The rest of the family rode The Mummy twice more. When they finally decided to check on me, I made a brave decision. “Sorry, but I need to go back to the hotel, I don’t feel well”. I hadn’t felt this bad since my last fishing trip outside the heads. Kerriann’s reacon – she laughed, took a photo of me at my worst, and then shared it with friends. The rest of the family carried on and I went to back to the hotel, vomited, laid down for an hour and was then as good as gold. Later in our trip we went to Santa Monica Pier and the family took a ride on the ferris wheel. Bayley hated it and we discovered just like his mother, he doesn’t like heights. Kerriann didn’t feel the best. Muscle Beach was next to the pier so we walked down to watch people work out. There were some swings (yes the normal, average type of swings you see at your local park). Kerriann was sing on one, so I decided to give her a couple of pushes. Aſter a couple of minutes, Kerriann told me to stop. It would appear that she was feeling a lile queasy. What was I to do? I laughed, took a photo of her and now I am sharing in the only way I know how. Revenge is sweet.
Transcript
Chasing Debt Owed by
a Company
Whose Face Is It?
2
2
Wills & Marriage
Congratulations Gareth
3
3
Client Referral Reward
Program
Our Raving Fans!
4
4
Inside this issue:
Nu
mb
er
2 f
or
2015
protecting you and your family
Roller Coaster verses The Swing Thanks to all the clients who sent comments in regards to my story from the last edition. A lot of people told me similar stories of passports being left behind. Mind you, they all managed to get the passport in time so as not to miss their flight.
I even had clients, Dennis and Cheryl Doolan, who sent me a photo of themselves at the airport holding their passports. Thanks guys. Nothing like rubbing some salt into the wound!
Then it hit me. Maybe I had just found my legacy in life…that no one shall ever leave home without their passport when going overseas. This may just help my recovery process.
Now back to the trip. There is a roller coaster ride at Universal Studios called “The Rockit” (you can view the ride on YouTube). Bayley wanted to go on it, but Kerriann was a little apprehensive. My view was if he is tall enough and wants to go on it, then he should go on it. Bayley just made the height restriction by a hair, and was pumped. To ease Kerriann’s concerns, I said I would ride with Bayley.
As the roller coaster slowly climbed up and up, the excitement on Bayley’s face started to disappear. We reached the summit, and then it started. The very first drop seemed vertical. I looked at Bayley and was greeted by a look of pure terror. The only way to describe it, think of the footage of Paul Vautin on the Vomitron at the Gold Coast (again you can Youtube if you haven’t seen the footage) and that is what Bayley looked like. I thought “what have I done?”
I can’t tell you what happened on that ride because all I did was hold his hand and kept looking at him. I now know that was not a good move on my behalf.
Bayley wasn’t in a good shape mentally after the ride. There was only one answer…get him on another ride and quick. The closest one was “The Mummy”. Off we went. Now, “The Mummy” is an indoor roller coaster and it was much faster than I thought it would be. Thankfully Bayley loved it and wanted to go again and did. The same could not be said about myself.
I said to Kerriann she should go on it and I would just sit down on the ground and wait for them. Every minute, I progressive felt worse and worse. The rest of the family rode The Mummy twice more. When they finally decided to check on me, I made a brave decision. “Sorry, but I need to go back to the hotel, I don’t feel well”. I hadn’t felt this bad since my last fishing trip outside the heads. Kerriann’s reaction – she laughed, took a photo of me at my worst, and then shared it with friends.
The rest of the family carried on and I went to back to the hotel, vomited, laid down for an hour and was then as good as gold.
Later in our trip we went to Santa Monica Pier and the family took a ride on the ferris wheel. Bayley hated it and we discovered just like his mother, he doesn’t like heights. Kerriann didn’t feel the best.
Muscle Beach was next to the pier so we walked down to watch people work out. There were some swings (yes the normal, average type of swings you see at your local park). Kerriann was sitting on one, so I decided to give her a couple of pushes. After a couple of minutes, Kerriann told me to stop. It would appear that she was feeling a little queasy. What was I to do? I laughed, took a photo of her and now I am sharing in the only way I know how.
Revenge is sweet.
Whose Face Is It?Whose Face Is It?Whose Face Is It?
The winner of the last edition Legal Loopholes was Sandra Kijko who correctly answered Katy Perry
Here is this month’s face:
If you know who these eyes belong to, email your answer to [email protected] to go into the draw for
your chance to win a $30.00 BBQ’s Galore gift voucher.
All correct answers received within two days of sending out the newsletter will go into the draw for a BBQ’s Galore
In business today, many debts you might need to follow up are those owed to you by a company or companies.
In many instances, it can be time consuming and difficult to chase money from a company.
The first step is to get on the phone, contact the company debtor and attempt to organise payment of the debt by either a lump sum or by way of instalment payments.
If that doesn’t work or very little is paid and money is still owed, it may be appropriate for you to consider a document known as a “Creditors Statutory Demand for Payment of Debt” being prepared.
This is a two page document addressed to the company debtor setting out details of the amount owed and a request to the company debtor to make payment of the debt in full within 21 days of being provided with a copy of the demand.
If payment by the company debtor is not made within 21 days of receiving the Creditors Statutory Demand for Payment of Debt, it is open for you to consider the next step which involves an application to the Federal Court of Australia for the actual winding up of the company.
The requirements for making such an application involve the preparation of various documents which are submitted to the Federal Court (in Sydney) along with a filing fee.
Prior to making any application to the Federal Court for the winding up of a company, there are some factors to consider. These included the size of the debt (and the economics of pursuing the debt), the current business status of the company and the asset base of the company.
Please contact our office for further information.
Wills and Marriage
Over 97% of the Wills that we review for clients are out of date, don’t contain all the options it should or have errors.
One of the most common reasons for a Will to become out of date is marriage. Not too many people know that ...
Marriage automatically cancels your prior Will UNLESS you have made the Will in contemplation of marriage.
So if a person has a Will, then subsequently gets married, their Will is revoked if it doesn’t have a clause that states
the Will was made in contemplation of marriage. This means that if they pass away, they have effectively died
without a Will and the laws of intestacy apply.
This can potentially make a huge difference. For example, if a deceased has no Will and leaves a spouse and
children, but the children are not the spouse's children, the spouse is entitled to:
the intestate's personal effects; and
a statutory legacy of $350,000.00 plus adjustment for CPI from December 2005, and interest if the statutory
legacy is not paid in full within one year of the date of death; and
one-half of the remainder (if any) of the estate.
Congratulations Gareth, his lovely wife Cath and son Lewis are over the moon with the safe arrival of their beautiful baby girl and
sister Lucy Grace.
Lucy entered the world on Anzac Day weighing in at a healthy 9lb 12oz, twelve days past her due date. Gareth was not sure which was more stressful, the birth or the car ride to hospital as Maitland was in the aftermath of the Super
Storm and roads were either cut or congested. Thankfully everything turned out fine.
All the best until next time.
We are located at 341 High Street, Maitland and can be contacted on:
Phone: (02) 4934 2600
Fax: (02) 4934 2620
This newsletter is for the benefit of our clients. It is not intended to be a definitive analysis of legislation or other
changes and professional advice should be taken before any course of action is pursued.
If you do not wish to receive this Newsletter, please contact our office.
Tranter Lawyers Pty Ltd A.C.N 102 530 156
Our Raving Fans
I love being able to ask questions about whatever I am doing and the ladies at Tranters are awesome in answering my pesky enquiries. Angela came back into the office for me to enable the purchasers to exchange contracts on their timeline 2 days prior to Christmas. Communication is clear and prompt and the fees are explained and reasonable. Your guidance is given and explained well. I’ll be back with more questions when I buy my next home later this year. Ta Heaps!!
Cathie Shorthouse, Warners Bay
I was sick of being the only one if my family to not get a newsletter from you guys!! Lol … and my first one did not disappoint. I’ve never heard a negative comment about the staff at Tranters! Everyone I asked recommend you all. When asking around for which solicitor I should go with … people would say “choose Tranters” everyone else is always very slow. So of course I was hesitant that you might be slow too. I was quickly proven wrong. Everyone was always very polite — over the phone and in the office. Honestly, I feel like all I did was answer a couple of phone calls, reply to some emails and go into the office twice. The rest was taken care of. Being a first home buyer this is exactly what I wanted!! The newsletters are totally worth it. Thank you Thank you Thank you.
Chloe Lawrence, Aberglasslyn
Client Referral Reward Program
The winner of the 31 March 2015 draw was Melanie Pullin who chose the $500 Travel Voucher for her
prize. Our next draw will be on 30 June 2015. The winner will get to choose between:
Sydney Harbour Bridge Climb for two people
Ipad
A fully catered BBQ meal for 10 people with your own personal chef from The Butcher Bar and meat
