If you’re behind on your bills, Debt Collectors Australia may be knocking on your door. Collectors are authorized to collect money that is owed to a creditor. They can be quite aggressive in their tactics, so it’s important to know your rights before you talk to them.
What should I know about this?
First, they are regulated by the Australian Financial Security Authority (AFSA). This means that they must comply with certain rules and regulations. Secondly, Debt Collectors Australia is a member of the Australian Debt Collection Association (ADCA). This means that they have agreed to adhere to a code of conduct.
If you’re contacted by DebtCollectorsAustralia, you have the right to request proof of the debt. You also have the right to dispute the debt if you believe it’s inaccurate or unfair. If you do not agree to pay the debt, collectors may take legal action against you. This could include wage garnishment or seizure of assets.
We hope this information has been useful to you.
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