TASCollect Ezine

Working in the local economy means TCS is always abreast of local economic challenges and the issues impacting Tasmanian business.

We understand the challenges you and your business face, which is why we aim to provide articles to share our knowledge with you and assist you and your business to make the best credit related decisions and lessen the risk of incurring bad debt where possible.

We provide our clients with our quarterly TASCollect ezine, which features articles to assist you in with your credit management practices.  We have provided a selection of these articles below.

A few minutes with our Team Member Carol Butler

2021-12-16T08:08:23+10:00December 16th, 2021|TASCollect|

Position at TCS

Account Manager

Years with TCS

5+ years

What does a day at TCS look like for you?

I manage a portfolio of collection work in the Burnie office, where I negotiate payments, initiate legal processes and discuss outcomes with clients. I’m a positive person so I try to put that into everything I do. The tasks I perform each day are varied but they all revolve around two  things, getting great results for our clients […]

Bankruptcy Statistics September Quarter 2021

2021-12-16T08:07:18+10:00December 16th, 2021|Industry Data, TASCollect|

July – September 2021

2621 new personal insolvencies in the September quarter 2021, these were down 12.3% compared to September quarter 2020. All states and territories saw reductions except for Tasmania.

For the September 2021 quarter compared to September 2020 quarter:

  • Bankruptcies fell by 5.6%
  • Debtors petitions fell by 7.5%
  • Sequestration orders rose by 15.3%
  • Debt Agreements fell by 22.5%
  • Personal insolvency agreements rose by 52.2%

In the September quarter 2021, 90% of bankruptcies were by debtor’s petition (voluntary). The remaining bankruptcies were by sequestration order (involuntary).

34.2% of bankruptcies were business related, […]

When it comes to collecting an outstanding debt does size matter?

2021-09-28T09:34:32+10:00September 28th, 2021|TASCollect|

Tasmanian Collection Service collects debts of all sizes, no debt is too small. Occasionally clients say to us that they have several bad debts that they can’t recover but they haven’t referred them to us because “it’s not worth it” or “they are too small to worry about”.

Our collectors love a challenge and the opportunity to exceed your expectations. Did you know that in 85% of cases, when a debt is referred to TCS for collection, we already have information on the customer? Our information is second to none […]

A few minutes with our Team Member David Beeson

2021-09-28T09:30:46+10:00September 28th, 2021|TASCollect|

David Beeson

What does a day at TCS look like for you?

Each day at TCS is different. I enjoy the challenges that arise and the opportunity to work with different clients and to learn about their  businesses. By understanding what our clients do I am better able to tailor my approach to the collection of their debts and to make suggestions internally about how we, as a company, can do better for our clients.

What aspect of […]

Women in Credit #Strongertogether

2021-09-28T09:43:42+10:00September 28th, 2021|TASCollect|

Divisional supporting Sponsors for Vic/Tas Tasmanian Collection Service attended with guests (left to right) Holly Williams, Kathy Waddington (TCS) Jenny Sparks (TCS), Sharon Barker (TCS), Katrina de Kaste (TCS), Robyn Aver & Brenda Holt

The Australian Institute of Credit Management have held Women in Credit (WINC) functions nationally since 2015 and on Friday 10th of September 2021 it held its inaugural Tasmanian WINC function at the Hobart  function centre.

Guest speaker for this event was Sarah Merridew who shared […]

Hobart lawyer supports UNICEF #Unstoppable Girls

2021-06-25T12:33:23+10:00June 29th, 2021|TASCollect|

Mark Rapley with TCS’s Jenny Sparks and Sharon Barker.

TCS has many valued business partnerships and high on the list is Butler McIntyre & Butler, a well-established Hobart legal firm who handle the legal work for TCS clients.

Mark Rapley, lawyer, has worked with TCS for over 18 years.

A cause close to Mark’s heart is UNICEF’s project #Unstoppable Girls. Education is every child’s right, yet worldwide, 132 million girls are out of school. This is particularly prevalent in third […]

Bankruptcy Statistics March Quarter 2021

2021-06-29T23:56:57+10:00June 29th, 2021|Industry Data, TASCollect|

January – March 2021

2545 new personal insolvencies in the March quarter 2021, these were down 52.9% compared to March quarter 2020. These were comprised of:

  • 1712 bankruptcies, down 47.3%
  • 816 debt agreements, down 61.4%
  • 17 personal insolvency agreements, down 55.3%

97% of bankruptcies were by debtor’s petition (voluntary). The remaining bankruptcies were by sequestration order (involuntary).

30.8% of bankruptcies were business related, down from 37.3% in the March quarter 2020.

The number of personal insolvencies rose 5.8% compared to the December quarter 2020.

State and territory levels

Personal insolvency fell 52.9% compared to the […]

A few minutes with our Team Member Kathy Waddington

2021-06-25T12:34:41+10:00June 29th, 2021|TASCollect|

Position at TCS

Senior Account Manager

Years with TCS

44 years

What does a day at TCS look like for you?

The first thing I do is review my payment made report so that I know which accounts have been paid (that’s the reason I am here after all) and I call my clients to deliver any good news. Next, I like to review any of the new matters that have been referred so that I can action those asap […]

A few minutes with our Team Member Sharon Barker

2021-12-13T20:35:34+10:00March 31st, 2021|TASCollect|

Position at TCS

Training Officer, Legal Department Supervisor, Compliance Auditor, Account Manager and Collection Officer. I have been fortunate to wear a lot of different hats during my time at TCS.

Years with TCS

35+ years

What does a day at TCS look like for you?

My day always starts with a Coffee! A typical day for me includes talking with potential new Clients who are contemplating referring debts to Tasmanian Collection Service finding out  about their business and finding […]

Debt Collection in practice – Attachment to earnings

2021-03-31T13:38:20+10:00March 31st, 2021|TASCollect|

One of the most successful enforcement actions used in Tasmanian debt recovery is a Garnishee Order, issued out of the Magistrates court of Tasmania.

A Garnishee Order is an attachment on a non-government employee’s earnings. The employer is required to deduct an amount equal to 20% of earnings after superannuation, Taxation, and any other Garnishee orders already in place. These deductions take place every pay period until the debt, plus the court costs paid by the Judgment Creditor incurred in the process of issuing the Garnishee order, are satisfied.

The Garnishee […]

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