Use the templates below to develop two (2) debt recovery plans for the customers identified at the below. The plans developed in this task must include:

1) One (1) recovery plan following the organisation's regular procedure of debt recovery

2) One (1) recovery plan including the initiation of legal action as last resort

Each plan must include:

1) a clear outline of the plan of action for the specific debt recovery plan, including at least four (4) steps or measures to pursue debt recovery

2) timeframes to be followed.

When developing the plans, you must:

1) Record information accurately using correct spelling, grammar, and terminology

2) Follow legislative requirements when developing the debt recovery plans.

To call Debtor Reason selected

Kevin Smith Account overdue more than 60days

Kal Cairns Account overdue for 52 days

Dylan Ackles Account overdue more than 30days

Louise Wales Account overdue 3 days

RECOVERY PLAN - #1 Learner Name Date Created 30/04/2020 Debtors Guidance: In the spaces provided below, outline the plan of action you will be taking for this recovery plan. A sample response is provided for you on the first line. Timeframe Plan of ActionRECOVERY PLAN - #2 Learner Name Date Created 30/04/2020 Debtors Guidance: In the spaces provided below, outline the plan of action you will be taking for this recovery plan. A sample response is provided for you on the first line. Timeframe Plan of Action