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Search Results - debt collectors Australia

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Showing 1 to 5 of 5 Articles matching 'debt collectors Australia' in related articles.
Pages: 1

1. How to Ensure a Debt Collection Is Legitimate
October 03, 2017

Normal 0 false false false EN-US X-NONE X-NONE ... (read more)

Author: Mili Bose

2. Importance of Choosing the Right Debt Collection Agency
September 19, 2017

No matter what business you own, whether it's big or small, the fact is that at some stage you will eventually come across an issue like debt collection! So it's important that you put in your best efforts in order to get this issue resolved before it gets worse! To get this done, you can hire an outside collection agency and get rid of all your debt related problems. Debt collection NSW is a difficult process to execute, but if done correctly, can help your business grow significantly and prevent it from bankruptcy. There are two basic ways to collect the overd... (read more)

Author: Mili Bose

3. How to deal with debt collectors
May 30, 2014

After the economic crisis the market has become more volatile than in the past making it impossible for small and medium companies to stay afloat without innovative business strategies. Most of the time, companies need to reinvent themselves to survive on this highly competitive market and this means that great sums of money are invested in marketing and rebranding. Many small and medium companies in Australia are in debt as a result of this situation and some of them also threaten to become insolvent. It is not easy to come up with a debt recovery plan that gives results without professional ... (read more)

Author: Fabiola Groshan

4. Types of debts that can be recovered
March 06, 2014

Debts can be of different kinds. The debts that can be recovered are family, household and personal debts which include the money that an individual owes on a credit card, an automobile loan and a mortgage. There are professionals who are engaged by various institutions to collect money from borrowers and defaulters. These collectors send a validation notice which conveys to the borrower how much money they have to pay and in how many days. The notice would also contain the details of the borrower and how and where to make the payment. If by any chance these types of collectors files a lawsuit... (read more)

Author: Adam Ibrahim

5. Declaring Bankruptcy in Australia Should be Your Last Option
October 24, 2013

The stigma over declaring bankruptcy in Australia is not as bad compared to the days of your ancestors. This is why more and more Australians are going through bankruptcy now more than ever. One of the most prevailing misconceptions about bankruptcy is that it is a good deal to ward off debt collectors without any consequences. It’s not true at all that bankruptcy will not cost you anything. In fact, some of your assets can be sold to pay off some of your debts. Your Trustee can also seek a portion of your income to pay for your debts if you are earning over a certain limit. Credit rating... (read more)

Author: Adam Ibrahim

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