Secured Recoveries

Piper Alderman understands that providing fast and practical resolutions in recovery proceedings is key for our clients, maintaining the cash flow which helps businesses of all sizes operate day to day. We also realise that the greatest return to you as a lender comes from prompt, efficient and cost-effective recovery when loans fall into arrears or default.


We understand the requirements of large private and public companies and organisations with significant volumes of recovery work as well as smaller operations. Our team members’ experience has been gained acting for major Australian banks, corporate bodies, councils, construction companies and insurers in recovery proceedings.

Our service includes complex and high volume debt recovery, enforcement of securities and guarantees, mortgage disputes and mortgagee sales, caveat disputes and enforcement of judgments.

In addition to the more “standard” recovery matters, we act for liquidators and other insolvency professionals which means we are often required to conduct complex matters including complex preference and insolvent trading proceedings.

We also look at the problems facing prompt recovery and look to apply lateral, bespoke solutions where necessary. In a recent example, a lender was secured over caretaking and letting rights owned by a debtor. In that matter, we were faced with a relatively minor income from the management rights, very substantial levies in arrears, a Body Corporate (in other states called Owner’s Corporation) in dispute with the debtor and potential substantial receivership costs. We were able to assist the funder in recovering a substantial sum through agreements struck with the Body Corporate and appointment of an insolvency professional – that achieved a payment from the Body Corporate, waiver of levies and the Body Corporate working with our client amicably.

We have an excellent record in conducting all forms of recovery proceedings and achieving commercial, and worthwhile settlements. Most of these are achieved with our personnel acting as advocates, reducing the costs by obviating the need for counsel.