Legal Guidelines for Debt Collection Agencies in Australia | Advance Debt Collection Agency. скачать в хорошем качестве

Legal Guidelines for Debt Collection Agencies in Australia | Advance Debt Collection Agency.

#debtcollection #debtcollector #debtcollectionagency https://www.advancedebtcollection.com... Transcript of the Video Are you a creditor looking to hire a debt collection agency? It is important to understand the legal requirements that debt collection agencies must follow. A debt collection agency is a company that specialises in recovering debts on behalf of creditors. They may be hired by small to medium and large businesses, or any other type of commercial or business creditor. In Australia, debt collection agencies must be licensed, and to obtain a license, they must meet certain requirements. Once licensed, debt collection agencies must comply with ongoing regulatory obligations. Debt collection agencies are prohibited from engaging in certain conduct when attempting to collect a debt. This includes harassment or intimidation of the debtor, and making false or misleading representations. Debt collection agencies must follow specific guidelines when contacting debtors, these include: 1. contacting the debtor only between certain hours 2. not contacting the debtor at their place of work if it's not allowed by their employer 3. not contacting the debtor if they are in financial hardship Debt collection agencies must also adhere to specific guidelines when attempting to collect a debt. These include: 1. not imposing additional charges or interest without authority 2. not taking action that would cause the debtor to incur additional expenses 3. providing the debtor with a copy of the contract or other evidence of the debt if requested 4. providing the debtor with written notice of the debt and the identity of the creditor. Debt collection firms play a vital part in the Australian economy. By understanding the legal guidelines for debt collection agencies, debtors and creditors can work together to resolve debts in a fair and respectful manner. Why Use Advance Debt Collection? As one of Australia's leading debt collection agencies, the success of Advance Debt Collection relies on our ability to recover outstanding debts for our clients. With over 20 years experience in the industry, Advance Debt Collection have honed our skills and developed effective strategies to recoup owed funds. Our professional debt collectors at Advance Debt Collection understand the importance of collecting outstanding payments for businesses. With considerable training, we are able to collect on delinquent bills promptly and efficiently. In order to preserve favourable relationships with creditors, our professionals also prioritise ethical and courteous methods. We have the competence to handle outstanding debts for businesses of all sizes, with a focus on both personal and commercial debt collection. Allow our skilled staff to assist you in resolving your outstanding bills right now. The Debt Collection Process: STEP 1 - Contact us with your debt enquiry STEP 2 - We act within 24 Hours STEP 3 - We get fast results STEP 4 - You receive cash You can submit your debt online here - https://www.advancedebtcollection.com... Thank you for watching and don't forget to like, comment, and subscribe for more debt collection-related content. https://www.advancedebtcollection.com...   / advancedebtcollection     / advancedebt     / advance-debt-collection     / advancedebtcollection   Our Legal Partner    / @stonegatelegal   https://stonegatelegal.com.au/service... Disclaimer: The content on this video and on our website is intended only to provide a general summary of information of interest. It is not intended to be comprehensive nor does it constitute legal advice. We attempt to ensure that the content is current but we do not guarantee its accuracy. You should seek legal or other professional advice before acting or relying on any of the content of this video or on our website. Your use of this video/website or the receipt of any information on this video/website is not intended to create nor does it create a client relationship. As a general rule, never get your legal advice from the Internet or YouTube.