Watch out for the debt collector on your credit card
The Reserve Bank is saying that consumers spent over $20 billion on credit and charge cards over the Christmas period and the average credit card account now stands at $3,196. Some key debt collection...
View ArticleHow to collect debt – what you need to know about debt collection
This is an interesting explanation of the basics of collecting debt.
View ArticleGarnishee Increasingly Useful in Debt Collection
Although we have not felt the full brunt of it in Australia, in the USA and globally possibly the second worst economic downturn in history is occurring and this means that many people simply ignore...
View ArticleWhat are some key debt collection techniques?
Although on the surface debt collection may seem like quite a simple and straight forward process, there is actually a lot more to this process than is initially apparent. Most people think that...
View ArticleHow do you collect personal debts from someone?
It is a very familiar situation that many people have been in, you loaned a friend some money for a small personal item like a piece of furniture, or some white goods. The person may even be in your...
View ArticleSecured and Unsecured Debt Collection
What is secured debt? The meaning of a secured debt is that the debt is tied to the ownership of property by a debtor. If the debtor defaults on the payment of a secured debt, the property or asset...
View ArticleThings to think about before hiring a debt collection agency
There are a number of advantages to hiring an external debt collection agency when you are accumlating a series of bad debts: - It allows you to concentrate on your core business rather than being...
View ArticleDebt Collection and Economic Recovery
What does the global economic situation mean for debt collection and recovery? In the past few years, the impact of the Global financial crisis has been immense on the economy in general and the amount...
View ArticlePersonal Debt Recovery
Personal debt recovery can be very complicated because of the social and emotional elements related to family bonds or bonds of friendship. However, the debt collection tools available in this are...
View ArticleDebt Collection Legal Support Services
Debt collection is one of the services that most often requires legal support. Legal services and a collection of very closely related because after it has reached a point in a debt collection matter...
View Article