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Foo Mee Har on Debt Collection Bill

06:15 Min

The Debt Collection Bill, if implemented well, has the potential to professionalise debt collection, which is a legitimate business activity, said MP Foo Mee Har. Speaking in Parliament on Tuesday (Sep 13), she said the Bill is timely to improve visibility and oversight of the debt collection industry and deter problematic behaviour. She wanted to know what criteria would be used to assess applications for debt collectors. She also urged the Government to consider requiring all debt collection firms' management and staff to undergo an accredited training programme and pass a test. This will ensure that all parties are not only screened but also adequately trained. 

The Debt Collection Bill, if implemented well, has the potential to professionalise debt collection, which is a legitimate business activity, said MP Foo Mee Har. Speaking in Parliament on Tuesday (Sep 13), she said the Bill is timely to improve visibility and oversight of the debt collection industry and deter problematic behaviour. She wanted to know what criteria would be used to assess applications for debt collectors. She also urged the Government to consider requiring all debt collection firms' management and staff to undergo an accredited training programme and pass a test. This will ensure that all parties are not only screened but also adequately trained. 

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