Debt Recovery Introduction And Basics

An Introductory Guide

What you'll learn

What is debt recovery

What are the categories of debt

who are the different types of recovery parties

debtor and creditor rights

Requirements

basic level of pc skills and understanding of english

Description

Debt recovery can be confusing, stressful, and overwhelming — but understanding your rights, responsibilities, and options can make all the difference. This course offers a clear and structured introduction to debt recovery in Australia, broken down into 30 easy one-minute lectures designed for quick learning and practical application.You’ll start with the basics of debt recovery, including the difference between creditors, collectors, and debt buyers, and why recovery matters in Australia’s economy. From there, we’ll cover debtor rights and protections, including when collectors can contact you, how to recognise harassment, and what behaviour is prohibited under the law.Next, you’ll explore the debt recovery process, from reminder notices and letters of demand through to negotiation strategies and the role of debt collection agencies. We’ll then look at court actions and enforcement options, including garnishee orders and writs to seize property. Bankruptcy and insolvency topics are also explained, covering thresholds, consequences, and alternatives like Part IX and Part X agreements. Finally, you’ll discover practical options available to debtors, such as disputing debts, financial hardship applications, and seeking help from financial counsellors.This course is designed for anyone seeking a clear, accessible understanding of debt recovery in Australia. This is an extremely valuable learning resource. Do not delay in learning today.

Overview

Section 1: Introduction & Basics

Lecture 1 Introduction & Basics

Section 2: Debtor Rights & Protections

Lecture 2 Debtor Rights & Protections

Section 3: The Debt Recovery Process

Lecture 3 The Debt Recovery Process

Section 4: Court and Legal Action

Lecture 4 Court and Legal Action

Section 5: Bankruptcy and Insolvency

Lecture 5 Bankruptcy and Insolvency

Section 6: Options for Debtors

Lecture 6 Options for Debtors

anyone who wants to learn