Your legal rights to chasing down debtors.

If you're owed money by a person who has not paid their debt to you, you should seek independent legal advice about how to enforce your debt.

The Ministry of Economic Development has published a detailed, easy to follow guide of your legal rights as a creditor and what you need to do to collect your debts from debtors.

Am I a creditor?   What you need to know

If you are owed money by a person who has not paid their debt to you, you should seek independent legal advice about how to enforce your debt.

Enforcing or trying to recover your debt may involve referring it to a debt collection agency, lodging the debt with a credit reporting agency, seeking a court judgment in your favour or, if you're owed more than $1,000, you could start bankruptcy proceedings.

If you are owed money by a person who has become bankrupt or entered a No Asset Procedure (NAP) or Summary Instalment Order (SIO), or by a company that has gone into liquidation, you are a creditor. 

You need to make the Official Assignee aware of what you are owed.

For more information please click here to visit the Ministry of Economic Development Website.