We Purchase Your Debts So Your Business Can Move Forward

About ADC CREDIT GROUP

We buy debts so that the creditor doesn’t have to spend money on lawyers or pay commissions to debt collection companies.

We buy debts so that a business with bad debts can sell their debts to create some immediate cashflow rather than writing the debts off.

We buy debts so that the business can have some certainty and eliminate the risk of never being paid. We buy debts so that the business can recover before writing off the debt.

What is a

Debt Buyer?

All businesses experience bad debts. All businesses have had experienced trouble collecting debts from difficult debtors. Sometimes a business owner may refer the debt to a debt collection company, or a debt recovery lawyer, but the commissions and/or legal fees can be expensive.

If a business owner finds themselves in this position, negotiating with the debtor can take a lot of time and effort. That’s where a debt buyer can help. Debt buyers purchase debts from other businesses to then collect those debts.

How Much

Do You Buy Debts For?

Debts are bought for a smaller percentage than the face value of the debt. Obviously, as a debt purchasing business, we need to make money too, and we are taking all of the risk. The original creditor will not get the face value of the debt amount. However, the original creditor is still able to recoup some money without needing to deal with the collection process or lawyers. If you are simply going to write the debt off, then why not sell the debt, make some money, create some instant cash flow, and then forget about that debtor.

Recover Before Writing Off

What types of

Debts do you Buy?

Debt buyers commonly buy delinquent or bad debts from the following industries:

Buying debt on a

Case-by-Case Basis

A debt sale / purchase can sometimes be the most efficient way of dealing with credit arrears and difficult debtors. We are interested in buying debts including but not limited to the following:

Selling debt

Key Take Aways

Some key take aways in relation to selling your debt to a debt buyer include:

What is the debt

Buying Process

The process is relatively simple:
  1. You submit your debt online via our online submission portal.
  2. We do our due diligence and decide if we want to buy your debt or not.
  3. If we do want the debt, we will send you a debt purchase agreement and a price proposal.
  4. Once executed, you get paid for the sale of the debt.
  5. We will send the debtor a notice of assignment of debt.
  6. We will start collecting the debts.

Benefits.

SELLING YOUR DEBT WILL PROVIDE CERTAINTY

Businesses can sell their debts to immediately receive some of the money owed without having to resort to further internal or external debt collection processes or legal debt recovery. The certainty comes from having a percentage of this money in your hand.

SELLING YOUR DEBT WILL ALLOW YOU TO FOCUS ON YOUR CURRENT WORK

By selling your overdue debt to a debt buyer, you will receive a guaranteed injection of cash into your business immediately, allowing you to focus your time and resources on the core activities that drive value and cashflow for your business.

SELLING YOUR DEBT WILL ALLOW YOU TO FOCUS ON YOUR CURRENT WORK

Selling your outstanding debt can be a valuable option for businesses looking to free up valuable time and resources and focus on their current work. When you sell your debt to a debt buyer, you are essentially transferring the responsibility of collecting payment to the buyer. This can be a useful way to free up time and energy that might have been spent chasing down unpaid invoices, allowing you to redirect that effort towards other tasks that are more directly related to your business’s core operations.

Additionally, by selling your debt, you can receive an immediate cash payment that can be used to fund ongoing projects or to invest in new opportunities. Overall, selling your debt can be a useful way to streamline your business’s financial management and focus on the work that truly drives value for your company.

How Debt Buying Can

Benefit Your Business

Selling your debt to a debt buyer can be a valuable option for businesses looking to free up resources and focus on their core operations.

When you sell your debt, you are transferring the responsibility of collecting payment to the buyer, which can save you time and energy that might have been spent chasing down unpaid invoices. Additionally, by selling your debt, you can receive an immediate cash infusion that can be used to fund ongoing projects or to invest in new opportunities.

Overall, debt buying can be a useful way for businesses to streamline their financial management and focus on the work that truly drives value for the company.

Debunking The Myths About

Buying Debt In Australia

There are a lot of misconceptions about debt buying, which can make it difficult for businesses and consumers to understand what debt buying is. Here are a few common myths about debt buying and the truth behind them.

Truth: Debt buyers may purchase debts from a variety of sources, including all business creditors, small businesses, banks, and big businesses.
Truth: Debt buying is a legal and regulated financial practice in many countries. In Australia it is regulated by various property law legislation.
Truth: While it is true that debt buyers are in the business of buying and then collecting debts, if you do not want to sell then you do not have to sell. We have a rigorous vetting process.
Sell your debt to ADC Credit Group

Debt Buying & Selling

Frequently Asked Questions

Are you considering working with a debt buyer to resolve outstanding debts? Here are some frequently asked questions about the debt buying process.
Yes, you can sell your debt to a debt collector and/or a debt buyer. Debt collectors and debt buyers are individuals or companies that buy your overdue and unpaid debts that have been owed by consumers or businesses. These outstanding debts may be in the form of unpaid credit invoices, unpaid medical bills, or unpaid personal loans.
After your overdue debt is sold to a debt buyer, the debt purchasing company will become responsible for collecting that overdue debt from the debtor. The debt buyer will try to make contact the debtor directly to negotiate a repayment plan or settlement agreement. If the debtor does not respond or is unable to pay the outstanding debts, the debt buyer will file a claim in the Court or take other legal action to recover the debt.

There are a number of critical steps you need to take to sell your debt to a debt buyer, including:

  1. Identify the type of debt you wish to sell and gather all relevant documentation, such as invoices, contracts, and payment records.
  2. Submit your debt and supporting documents to by using our website online form and submit these details online.
  3. If we want to buy your debts, you will need to execute a written agreement outlining the terms of the debt purchase.
Debt buyers typically purchase debts at a discounted rate (cents in the dollar), and then attempt to collect the full amount owed of the outstanding debt from the original borrower.
In some cases, debt buyers may file a claim against the seller of the debt if the seller has misrepresented the debt or is in breach of the debt buying contract. It is important to be aware of your obligations as a seller and to understand the legal regulations surrounding debt buying.
As with any financial arrangement, there are potential risks to be aware of when working with a debt buyer. It is important to carefully review any agreements and to understand the terms and conditions of the debt buying process.

Allow Us To

Buy Your Debt.

Allow Us To

Buy Your Debt.