Our approach to collecting debt

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How debt arises

Debt is often a temporary problem, caused by unforeseen personal circumstances or a short-term business downturn.

Common examples we see are when businesses miss an activity statement payment then find themselves with a debt, or when individuals fail to put aside enough money from interest income or a capital gain.

This situation can then become increasingly difficult to manage as the debt continues to grow due to general interest charge (GIC) and other penalties.