I have been asked by a Dynamic Business reader (thanks to @djcoombes74) to discuss the costs associated with debt recovery. The collection of debt is an important topic for businesses and an area that is often poorly managed.
Ms Pippa Sampson, principal lawyer of Goddard Elliott, has been restrained from sending debt collection notices by the Federal Court in Melbourne after the ACCC alleged the debt collection notices were misleading and deceptive.
Debt collection agency Collection House haave announced a 21 percent higher net profit for the last financial year as calls for debt collection post-GFC soar.
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