Demonstrate and apply understanding of the legal requirements relevant to the liquidation of debt US116603
This unit standard forms part of the qualification, FETC: Debt Recovery. This standard will add value to learners who have their own or wish to start their own Debt Recovery business, or those doing debt recovery in large Debt Recovery organisations. This standard will also add value to learners working in a large commercial organisation in the Debt Recovery/Credit control division.
The qualifying learner is capable of:
- Interpreting and explaining legislation relating to debt recovery
- Complying with a debt recovery code of conduct
- Complying with legislation regulating documentation used in the recovery of debt
- Applying statutory requirements applicable to the debt recovery function