Security Of Payment Act Victoria Debt Collection

Enforcing a judgement after filing an Adjudicators Certificate which was obtained under the Building & Construction Industry Security Of Payment Act 2002 is the beginning of the Debt Collection process.

Once the adjudicator delivers his determination under the BCISPA 2002 the adjudication process is complete.

Under the Building & Construction Industry Security Of Payment Act 2002 the adjudicated amount must be paid within 5 business days of the adjudicators determination being served on the respondent.

A variety of enforcement techniques can then be employed to collect the debt.

This is a brief outline –  for more detailed information about Debt Collection visit Building & Construction Industry Security Of Payment Act 2002 Judgement Enforcement Information.