ACCC targets Alliance over debtor harassment
Baycorp Advantage said that its debt collection agency, Alliance Factoring, was cooperating with a demand from the Australian Competition and Consumer Commission for documents that may shed evidence on alleged unsavoury collection practices. Baycorp has faced claims of undue harassment of debtors. Alliance buys debt ledgers from banks and utilities, and seeks to collect the debts for a profit. Baycorp said it needed to reassess its dealing with debtors.