Archive for the ‘Debt Collection News’ Category:
Commercial Debt Recovery
There is a proposal to make some sweeping changes to the system of commercial debt recovery in the United States which my have a large impact in Australia amd around the world for debt recovery operations. The industry lobby groups...
Mortgage Stress and Debt Collection
The rising interest rates in Australia is pointing to greater interest rate stress as people being to wonder if they can pay for all of their expenses. It also puts more pressur on people who are currently strugglig to pay off other...
Will it be harder to collect debts with higher interest rates
The Reserve Bank of Australia raised interest rates today and this always places the economy on a new footing. It gets harder to borrow, more difficult to repay debt and the likelihood that people will default on debt increases. ...
Debt-Ridden Consumers Sue Back
If you are are a consumer with a lot of debt, you can be subject to whole range of attempts by creditors to reclaim their money. There are menacing letters, the phone starts ringing endlessly. Eventually court cases result when the...
