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  1. Jan 4, 2024 · Discover a curated selection of Singapore’s most dependable Debt Collectors to regain control of your financial situation. With their expertise and unwavering commitment to ethical practices, entrust them to handle your debt collection needs with care and professionalism. Your quest for reliable Debt Collectors in Singapore concludes here.

  2. Debt collection Singapore. WELL-TRAINED DEBT ENFORCEMENT SPECIALISTS, COMPREHENSIVE & EXPERT DEBT COLLECTION. Areas of interest include Individual Debt Collection, Corporate Debt Collection, Tracking Services, International Debt Collection and In-house Legal Services.

  3. Apr 22, 2019 · Unlawful Assembly. Where debt collectors show up in a group of five or more persons, they may be considered an “ unlawful assembly ” under certain circumstances. Examples of such circumstances include the use of criminal force to take away your belongings, prevent you from leaving the area or harass you.

  4. Debt Collector Inc. is a licensed and bonded collection agency. We offer a full array of receivable solutions that ensures you receive the best rate of return possible. Our service includes consumer and commercial contingency collections, Judgment recovery, skip tracing services, and flat fee collections.

  5. Since we are trusted name in the country as a Singaporean Debt Collection Agency, Debt Collection Singapore has a bright and satisfied history in the debt recovery and consolidation industry.

  6. Dec 1, 2023 · 1. The Debt Collection Act 2022 (DCA) took effect on 1 December 2023. The new licensing requirements for a debt collection business are as follows: a. Licences for Debt Collection Companies. Debt collection companies will require a licence from the Police, unless they are excluded1 or class licensed2 under the said Act.

  7. May 29, 2021 · There are many cases in Singapore of debt collection agencies harassing and abusing debtors. It is important to know that debt collectors DO NOT enjoy special privileges, they are bound by the same laws as everyone else.

  8. Aug 1, 2022 · The Debt Collection Bill 2022 was introduced for First Reading in Parliament today. The Bill will empower the Ministry of Home Affairs (MHA) to regulate debt collection activities in Singapore and provide Police with the necessary levers to stem problematic debt collection conduct. Background. 2.

  9. Aug 12, 2023 · These figures highlight the need for stronger measures to ensure fairness and safety when dealing with debts. This year on September 13, the Debt Collection Bill was passed in Parliament. Under the Bill, debt collectors need to apply for a license and be subject to regulation.

  10. Nov 28, 2023 · Debt collectors will be subject to Polices screening and assessment to be fit and proper. Police may rescind approvals for debt collectors if they are found to have committed offences, or breached rules or regulations under the DC Act.

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