December, 2021

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Owners Corporations in Victoria – Update

Debt Recoveries

The new threshold of section 18 came into force on 01 December 2021. Ph: 03 9999 1144. The new section 18 authorises owners corporations to commence legal proceedings in the Magistrates Court, VCAT and a court of another state or territory that corresponds to the Magistrates Court by way of an “ordinary resolution”. Mohammad Kashefi.

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U.S. Credit Card ABS Chargeoffs & Delinquencies Hit Record Lows In 3Q21

Collection Industry News

itch Ratings-New York-03 December 2021: Both chargeoffs and late stage delinquencies hit record lows for U.S. Source: site. credit card ABS last quarter, according to the latest U.S. Credit Card Movers & Shakers report from Fitch Ratings.

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