Table of Contents: Law of Credit Management 1
Please note: This is the NSW version. Other States will have minor variations. The contents are subject to change based on changes to the law and feedback from attendees.
Table of Contents
Part One - Introduction and key concepts
1. Introduction
1.1. Disclaimer
1.2. Business risk
1.3. Volume and importance of material
2. Programme for "Introduction to the Law of Credit Management"
3. Legal Entities
3.1. The "John's Milkbar" scenario
3.2. Partnerships
3.2.1. Limited partnerships
3.3. Sole traders
3.4. Limited liability companies
3.5. "John's Milkbar" scenario - the answer
3.5.1. Unlimited liability companies
3.5.2. No-liability companies
3.6. Trusts
3.7. Cooperative societies
3.8. Unincorporated clubs
3.9. Deceased debtors
3.10. Debtors resident in other States
3.11. Debtors overseas
4. Contracts generally
4.1. Trade contracts
4.2. Consumer contracts
4.3. Capacity to contract
4.3.1. Minors' contracts
4.3.2. Persons of unsound mind
4.4. Credit applications - who are you dealing with?
5. The Consumer Credit Code
5.1. Code Overview
5.2. Who and what does the Code apply to?
5.3. What does the Code not apply to?
5.4. Debtors rights and remedies
5.5. Creditors enforcement and remedies
Part Two - Risk Reduction
6. The basics of secured transactions
6.1. Overview
6.2. Types of secured transactions
6.3. Debentures and floating charges
7. Guarantees
7.1. Personal guarantees from directors
7.2. The legal minefield of guarantees
7.3. Bank guarantees
8. Romalpa (retention of title) clauses
Part Three - Civil Litigation and Insolvency
9. Making good decisions on legal action
9.1. Decisions on legal action - a checklist for creditors
9.2. The "Economic Collector's Formula" - a rule of thumb for legal decisions
10. Legal action charts
10.1. The court structure
10.2. Collection of debts
11. Getting to judgment
11.1. Limitation of Actions
11.2. Jurisdiction
11.3. Costs
11.4. Statement of claim
11.5. Judgment by default
12. Winning disputes in the Small Claims Division of the Local Court
12.1. A six point guide to success
13. Enforcing judgment
13.1. Garnishee
13.2. Attachment of wages
13.3. Instalment orders
13.4. Examination
13.4.1. Arrest
13.5. Execution
13.6. Imprisonment
14. Bankruptcy
14.1. Test your bankruptcy knowledge
14.2. Bankruptcy: the basics
14.3. Why threaten bankruptcy?
14.4. Bankruptcy law reform
14.5. Debt agreements (Part IX Agreements)
14.6. Other arrangements under Part X
14.7. Acts of bankruptcy
14.8. Bankruptcy offences
14.9. Protected property
14.10. Priority of payments
15. Liquidation
15.1. How to wind up a company
15.2. The pros and cons of winding up actions
15.3. Compromises with creditors
16. Voluntary administration
Part Four - Other Law for Creditors
17. Trade Practices Act
17.1. Collusion at credit bureaux meetings
17.2. Harassment of consumers
17.3. Recent case on deception and harassment
18. The Privacy Act made simple (and short)
18.1. Credit Reporting Code of Conduct and Explanatory Notes
18.2. Penalties
18.3. Consumer credit reports
18.3.1. Commercial credit reports on consumers
18.3.2. Consumer credit references
18.3.3. Rejecting a credit application
18.3.4. Consumer credit reports on commercial customers
18.3.5. Guarantors
18.3.6. Using credit information to collect debts
18.3.7. Default information
18.4. Faxes
18.5. Privacy Amendment (Private Sector) Act 2000
Seminars overview and registration: Australia / New Zealand