ATDCA Australian Telecommunications Debt Collection Agency
What is The Need to Hire a Fair Debt Collection Agency? February 12, 2014 by atdcaaustralia| Leave a comment
There are cases where creditors attempted suicide due to loss of job, money and defamation. Such incidents occurred when the debtors began harassing the borrowers for not paying the bills or loans on a specific time. It is quite obvious that when creditor fails to pay the money back to the debtor, the lender will definitely get annoyed and will get a bit harsh on the borrower. But, there are no laws made till date when the lender can scream or harass or physically abuse the borrower. Here are the techniques that cheap debtors use for getting their money back.
Calling at your work place You are in the office and found that your boss coming up to you with a piece of paper having a name and number written inside it. This is the debt collection agent called your boss and trying to defame you at your work place. He is playing with your job so that he can build pressure on you to pay the bill on time along with the interest. Harassment and abuse The debt collectors are harassing you at work place, calling your friends and passing nasty comments on your relatives to make your life worse than hell. They are using the graphic language, repeatedly calling, and abusing you every time. Even they double the amount illegally to earn high commission. False or misleading representations They even call your people and claim that they are lawyers or government officials. They keep you threatening that you are going to be arrested if you don’t pay quickly. Sometimes, they send some legal paper which is invalid. These are a few nasty techniques that debt collection agencies try for recovering the money from the creditors. The Australian government has passed fair debt collection act where all such activities are meant under criminal offence and may lead to cancelling the licence of the agency. Therefore, always hire a reputed and professional debt collection agency for recovering the debts.