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Debt Collection Round Table Summary - Legal Services ...

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Conclusion<br />

The <strong>Legal</strong> <strong>Services</strong> Commissioner convened the debt collection round table to develop a greater<br />

understanding of the concerns held by consumers of legal services and debt collection industry<br />

regulators, and to identify the extent to which Victorian lawyers were involved in any practices of<br />

concern.<br />

From the background research and discussions held at the round table, it can be said that the<br />

majority of Victorian lawyers handle debt collection matters with high levels of professionalism.<br />

There is, however, a small number of lawyers that undertake questionable business practices.<br />

The ultimate aim of the <strong>Legal</strong> <strong>Services</strong> Commissioner is to help improve the quality of legal<br />

services for all consumers of legal services. The following initiatives should go someway to<br />

addressing the issues raised at the debt collection round table.<br />

Outcomes<br />

The Commissioner has committed to the following activities raised at the debt collection round<br />

table:<br />

• distribute this document to a number of interested agencies including law associations to help<br />

raise awareness of consumer concerns with the debt collection industry;<br />

• work to improve the level of awareness and understanding of debt collection concerns among<br />

both consumers and the legal profession through developing education material,<br />

providing improved access to relevant information for lawyers, and continuing the dialogue<br />

with all involved parties;<br />

• seek to engage specialist debt recovery law fi rms to highlight the key concerns of consumers<br />

in inter-jurisdictional debt collection matters, and promote the acceptable debt collection<br />

practice guidelines among those fi rms.<br />

Page 10

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