Our
Rating
Sales
Expertise
Many New Zealand district and regional councils face a similar dilemma in relation to their recalcitrant property owners who often owe tens of thousands of dollars in unpaid rates and other levies.
It is no longer acceptable council practise to leave these monies outstanding and face the risk that they are never recovered - usually when the property owner becomes bankrupt or goes into liquidation and the property is sold by mortgagee sale.
Instead our banking team is helping councils take a proactive approach and we are successfully recovering hundreds of thousands of "at risk" dollars.
In a process that is closely related to a mortgagee sale process, serving notice under the Rating Act often results in an immediate change of heart by the property owner and payments to the council recommence. We have been tremendously successful in this area.
Only in relatively few instances has the property gone to auction - and this is usually where the council has allowed the debt to reach monumental proportions.
Please contact our team to arrange proactive management of your council rate debtors. The sooner we get involved the less confrontational the process can be.
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