When it comes to litigation, JMW Legal strives to provide alternatives. In other words, litigation is always a last resort.
Clients are offered Mediation and Alternate Dispute Resolution as viable and preferable alternatives to Court-based actions. Effective negotiation will also be utilised wherever possible, particularly where mediation or other dispute resolution methods cannot be employed.
However, we understand that in certain situations the Court room is unavoidable. In these instances, JMW Legal is precisely what you need to feel reassurance that your matter is in the right hands.
Personal Property Securities Act 2011 (PPSA)
On 30 January 2012, the PPSA commenced. The legislation governs the way personal property is dealt with and the way in which security over personal property can be protected. The scope of what constitutes a security interest is wide. If you do not protect your existing or future rights in personal property you risk losing your security interest in that property, for example to another creditor or in the event of liquidation, bankruptcy or voluntary administration of your debtor. You can lose title to your property if you leave it in the possession of someone else for longer than 90 days. The PPSR (the register) will record security interests. You can search the register before you purchase personal property worth more than $5000. You can register your interest in personal property in order to obtain priority by preventing a third party from taking ownership of your goods.
Contact JMW Legal for more information on litigation and dispute resolution or to arrange a consultation with an experienced solicitor.
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