Within South Australia, DebtPayable can provide the notice and enforcement of Warrants of Distraint in relation to commercial leases. A Warrant of Distraint provides a means, through the seizure of goods, for the collection of rent in arrears.
We always search the Personal Property Securities Register regarding any distrained, ensuring that there are no other interests registered. Our experienced agents take photos and compile a detailed inventory of all goods located on the premises. A copy of the inventory is then provided to the client and the tenant.
After five business days, if the tenant has not resolved the rent in arrears, we will organise for the auction of the distrained goods in order to recover the monies owed.