Judgement Debt

What is a judgement debt?

A judgement debt is an order by the court that confirms that the company is responsible for the debt owed to the creditor who has taken the matter of outstanding debt to court.

What should you do if a judgement debt has been made against the company?

When a creditor has a judgement debt against the company the directors may:

  • Pay the debt if the company is solvent; or
  • Call us immediately on (02) 9231 0505 to provide you with FREE advice and assist you with your options