The Personal Property Securities Act has proven to be both a challenge and an opportunity for creditors.
If utilised effectively, the PPSA strengthens the rights of creditors, minimises default risk and provides a mechanism to maintain secured creditor status over personal property assets in possession of an insolvent customer.
If not utilised effectively, creditors can lose rights otherwise available under the PPSA and be exposed to significant loss.
Results Legal has been, and continues to be, at the forefront of developments in the enforcement of PPSA rights for creditors since prior to commencement of the legislation in 2012.
Results Legal has assisted 300 businesses to maximise their protection and rights under the PPSA through drafting effective terms and conditions of trade and providing pro-active, practical advice regarding registration and associated issues.
Results Legal has an established history of pursuing PPSA claims for creditors to recover against both goods and proceeds. Our experience includes particularly pursuing successful claims on behalf of retention of title creditors, lessors of equipment and specific security interest holders.
How we can assist
Whether you require pro-active advice in achieving PPSA protection or assistance in enforcing a PPSA claim against a liquidator or receiver, Results Legal has specialist experience and knowledge to ensure that you achieve the best possible outcome.
- Terms and conditions of trade
- Registration advice
- Retention of title
- Hirer and lessor claims
- Priority disputes
- Claims against proceeds
If would like further information in relation to how we can assist to protect or enforce your rights under the PPSA, please click here.