DebtManagers believe that regulations surrounding the arrears management industry should be strengthened for greater guidance in what is a critical part of the economic cycle. Any new set of regulations should be comprehensive and provide more consistency across both private and public sectors, and be in line with global best
The global economic landscape is shifting rapidly, and rising debt calls for a new, fairer approach to addressing difficult debt. And by that, we mean more effective yet empathetic debt management strategies. Simply writing-off debt just isn’t good enough, because when you think about it, everyone loses and it is
Companies now have a choice when considering how best to deal with bad debt. Our guide outlines the advantages of selling your entire bad debt book to a debt purchaser and what you can expect to receive in return.
Many New Zealand companies, large and small, are unsure about the best way to deal with bad debt, especially with the recent addition of new regulations and guidelines around lending. To help businesses navigate the new rules, we’ve compiled a list of questions and answers we think you’ll find valuable.