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The Importance of Debt Collection Guidelines When it comes to managing your finances, debt collection plays a crucial role in maintaining the balance between creditors and debtors. It is important to guarantee equity and lawfulness when proceeding with debt recovery action. In Australia, several regulatory bodies, such as the Australian Competition and Consumer Commission (ACCC) […]

What Is A Letter of Demand? A letter of demand is a formal letter sent to the debtor providing them with an opportunity to pay the outstanding invoice without going to court. A letter of demand outlines the crucial information including the current outstanding balance, who it is due to and the deadline for payment