In the previous post I focused on the consequences of doing the wrong things in the debt collection process and the consequences thereof.
Many will argue saying that "rules are made to be broken" but if you live by a moral standard that is based on a solid foundation of values and principles then we will not need the rules and laws because the rules and laws are there to stop our society slipping into degradation.
I find people/companies, every now and then who have a unique way of collection debt. I am always interested in new ideas, and in most matters, after further explanation is given, the only unique thing about their collection method is that it is a twist of the rules and laws thus entering a gray area.
Gray areas are dangerous places, because we spend more time worrying if we will be caught out and if we are what will we say to defend ourselves. Rather do it right and use the time that you would have spent worrying and thinking out new explanations will be prime time for planning and preparing for new clients, business expansion and anything else that brings in money or joy to your life.
It is easy to bend a rule here or there and get away with it once, but human nature is such that we will push the odds and try it again and again, then when it is to late we will be caught out. The Council for Debt Collectors has been placed there as a regulatory body with the ability to 'cleaning up' the debt collection market and enforcing the laws which govern the collection process. I am afraid to say that many have the perception that some officials are not acting in the interest of their members.
"If you are wise, your wisdom will reward you; if you are a mocker, you alone will suffer." King Solomon in Proverbs 9:12
The LegalSoft Team
Cape Town , South Africa.
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