Data protection and debt collection

Data protection and debt collection

Today companies are more and more reliant on the support of collection service providers to preserve their liquidity and to minimize their default risk.

Collection service providers obtain by power of attorney the permission to collect the debt. But how does the power of attorney work? Which options collection service providers and debtors have to transfer the necessary information respecting data privacy without violation of data protection rules has to be checked carefully. We would like to explain to you in a personal conversation what data protection means in this context, which options your company has and which legislative basis according to the Federal Data Protection Act (BDSG) is important.

If you would like more detailed information or possible solutions for this subject, simply call 0800-9513632.