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SA Can NZ Company Sell Debt to Debt Collectors in Australia?

Discussion in 'Debt and Bankruptcy Law Forum' started by mysteryman, 1 December 2015.

  1. mysteryman

    mysteryman Member

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    Does anyone know if a company in NZ can sell a debt to debt collectors in Australia and if so, what is the legislation they use? Also, can a debt collectors agency in NZ sell or pass the debt to the same company but located in Australia?

    Thanks
     
  2. Sophea

    Sophea Well-Known Member

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    I believe it's the Trans-Tasman Mutual Recognition (Queensland) Act 2003 or something to that effect in each state. It will be a different corresponding act in NZ.
     

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