ABA Industry Guideline: Sale of unsecured debt

ABA Industry Guideline: Sale of unsecured debt

Australian Collectors & Debt Buyers Association (ACDBA) acknowledges and welcomes the release by Australian Bankers Association (ABA) of its Industry Guideline: Sale of unsecured debt (Guideline).

ACDBA participated in ABA’s stakeholder consultation for the Guideline and supports the guidance as reflecting current practices and considers it useful in assisting to ensure banks and their debt buyers continue to be aligned in assisting their customers dealing with financial difficulties.

19 November 2019