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Develop a customer Debt Collection policy including the following: Procedure to identify a bad and doubtful debt Communication protocols of how and when to contact

Develop a  customer Debt Collection policy including the following:

  • Procedure to identify a bad and doubtful debt
  • Communication protocols of how and when to contact and communicate with debtors, whilst referring to the Australian Competition &Consumer commission guidelines for debt collection
  • All timeframes of contact with the debtor as well as when to engage debt collectors and initiate debt collection

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Customer Debt Collection Policy 1 Identification of Bad and Doubtful Debt Definition A bad debt is one that is deemed uncollectible while a doubtful d... blur-text-image

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