Debt Collection – Current Trends & Risks in the Market

The dramatic rise in insolvencies over the last 6 months comes as no surprise to those professionals who are in, or on the fringe of the insolvency industry. There are many contributing factors including the debt recovery drive by the ATO, banks reluctance to lend money, falling property and share prices that have historically secured company loans by directors and the insolvency of company “A” causing a snow ball effect to their creditors. Read more: http://www.slaterbyrne.com.au/category/news/