Legal Requirements for Debt Recovey Agency
Legal Requirements for Debt Recovey Agency
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johnbear

Original Poster:

1,568 posts

266 months

Sunday 22nd February 2009
quotequote all
What are the legal requirements before someone could set up a B2B debt recovery agency? Is a credit license required etc? Or is it a case of aquiring some clients and then telephoning to chase the debts. I understand the going rate is about a 10% fee.

Just think about what business would grow in the current climate.