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

Answer rating: 100% (QA)

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... View the full answer