))
Ep: 8 New Rules for Debt Collection Agencies
Manage episode 410574917 series 3363442
Indhold leveret af Gary B.. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Gary B. eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Debt Collection Agencies to work under stricter rules from April 1
Debt collection agencies need to stick to much more stringent rules from April that are meant to ensure that there are fewer debt issues, according to the Inspection of Justice and Safety. For example, a new law will ban debt collection agencies from putting people under pressure. The agencies are also required to register in a public register.
Existing companies have a year to sign up for the register, and new companies must do it immediately. The law will also ensure stricter demands of professional competence in debt collection agencies regarding how they deal with debtors and the information they provide. In addition, only certified bailiffs are allowed to threaten with a summons, which is a call to appear in front of a judge. Other debt collection services are not qualified to do this, according to the inspection.
Pass this podcast along to anyone you think may need to hear my words. Try not to be a gate keeper.
Thanks
If you would like a One on One session with me!
Visit me at:
www.gbroanejr.org
www.gbroanejrfinancial.org
Email me at:
garyb@gbroanejrfinancial.org
Slogan: Stop Chasing a Credit Score! Build your Credit Profile.
66 episoder
Del
