Banking and Finance
Aherns Lawyers has a lengthy history over 20 years acting for two financial institutions as well as for small and medium size businesses. Those actions include mortgagee sales and general debt recovery work against borrowers and guarantors. We also prepare documents for private lenders including private loan agreements, deeds of guarantee, irrevocable authorities to pay from property sale proceeds and all other security documentation.
For 20 years we represented United Credit Union Limited, now United Community, in debt recovery litigation in the Supreme Court, District Court and Magistrates Court involving debts of all sizes. We have also represented the Bank of Melbourne and large national mortgage insurer MGICA.
Because our offices are not located in the CBD our rates are substantially lower, often up to 20% lower, than most commercial law firms.
In our experience sometimes clients shop around with quotes that we provide, which of course is their right. We always tell clients, therefore, if they receive what they think is a better price they can forward it to us and we will match it.