Credit Corp Services Pty Ltd ACN 082 928 872 v Adam (Civil Dispute)

The matter before the Tribunal was a claim brought by Credit Corp Services Pty Ltd against Adam, seeking recovery of a debt. Credit Corp Services Pty Ltd, a creditor, sought judgment for the outstanding amount owed by Adam, which included the principal sum, reasonable enforcement expenses, ACAT filing fees, and interest. The dispute centred on whether Adam was liable to repay the debt and, if so, the total amount owed.

The primary legal issue before the Tribunal was whether the debt claimed by Credit Corp Services Pty Ltd was valid and enforceable against Adam. This involved examining the terms of the credit agreement between the parties, the documentation provided, and whether there were any defences or mitigating circumstances presented by Adam. Additionally, the Tribunal needed to determine the precise amount due, including interest and other costs, to ensure the judgment accurately reflected the total debt owed.

In deciding the case, the Tribunal examined the evidence provided by both parties, including the credit agreement and the documentation supporting the claim. The Tribunal found that the debt was valid and enforceable against Adam. The Tribunal assessed the reasonableness of the enforcement expenses and the accuracy of the interest calculation, confirming that the total amount claimed by Credit Corp Services Pty Ltd was correct. Consequently, the Tribunal ordered that Adam was liable to pay the total sum of $49,292.73 to Credit Corp Services Pty Ltd, comprising the principal sum, reasonable enforcement expenses, ACAT filing fee, and interest.