Secured beats unsecured
A correctly registered interest can give you a real claim when a debtor fails.
PPSR
Using the PPSR to recover a commercial debt
The Personal Property Securities Register can be the difference between recovering value and getting nothing when a customer becomes insolvent. Here's how it fits into recovery.
The Personal Property Securities Register (PPSR) is a national register of security interests in personal property — everything from goods supplied on credit to equipment on finance. For a supplier, a correctly registered security interest (for example, over goods supplied under retention of title) can lift you from an unsecured creditor, who often recovers little in an insolvency, to a secured position with a real claim on specific property.
Registration only helps if it is done properly and in time — the right grantor, the right collateral, and before the deadlines that apply. Where a debtor is solvent, a PPSR position also strengthens your hand in negotiation. Merion works overdue commercial accounts and factors any registered security into how the matter is pursued. This is general information, not legal advice — how the PPSR applies to your terms and a specific account should be confirmed with a qualified solicitor or PPSR specialist. To begin, refer the account.
Why it matters
The PPSR in recovery
Timing is critical
Registration must be done properly and before the deadlines to be reliable.
Stronger negotiation
Even with a solvent debtor, a PPSR position strengthens your hand.
No recovery, no fee
We factor any registered security into how we pursue the account — commission only.
Registered a security interest?
Refer the overdue account and we'll pursue it with your position in mind.
Common questions
Frequently asked questions
What is the PPSR?
The Personal Property Securities Register — a national register of security interests in personal property, such as goods supplied on credit or equipment on finance.
How does the PPSR help me recover a debt?
A correctly registered security interest can move you from an unsecured creditor, who often recovers little in an insolvency, to a secured position with a claim on specific property.
Does registration guarantee I'll be paid?
No. It improves your position, but it must be registered correctly and in time, and outcomes still depend on the assets available. A specialist can confirm for your situation.
Is this legal advice?
No — this is general information only. For advice on the PPSR and your terms, consult a qualified solicitor or PPSR specialist.
Get started
Want your security to count?
Refer the overdue account for a free appraisal.