Repcol Limited, formerly a major player in the Australian debt buying market, announced Monday a contract to collect debt for an Australian government agency in a move that could transition the company to a contingency collection shop.
The company, based in Balcatta – a suburb of the largest city on the Australian West coast, Perth – said that its subsidiary, Repcol (WA) Pty Ltd., won a contract to collect debt for Western Australia’s Department of Housing and Works. Repcol said the contract will include collection services arising from vacated housing, housing bond assistance and general debts.
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