A debt collector is a person or company that engages in debt collection for remuneration or reward. This includes the repossession of goods and property other than real estate or the collection or request for payment of debts owed to another person.
Debt collectors are no longer required to be licensed. This means that any person or company can engage in debt collection unless they are prohibited to do so. A prohibited person or company must obtain permission from the Business Licensing Authority to engage in debt collection. For more information, view our Become a debt collector page.
Note: these requirements do not apply if you are collecting your own debts, or debts owed to your employer in your capacity as an employee.
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Last updated: 16/05/2013