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Ferris calls on government to legislate on debt collection

11 May, 2012 - by Martin Ferris TD

The Sinn Féin Spokesperson on Communications, Energy and Natural Resources Martin Ferris TD has called on the government to introduce legislation to regulate debt collection.

Deputy Ferris was responding to replies from Ministers Rabbitte and Noonan in relation to questions regarding complaints about Arvato Finance which is contracted to collect debts owed to Bord Gáis.

He said: “I have raised this issue in the light of several complaints I have received regarding domestic and commercial customers who feel that they have been unfairly treated by the company concerned.

“It is also my understanding that Arvato has not signed up to the Irish code of practice but is signed up to the British code. And, contrary to what Minister Rabbitte has said, the Irish code of practice is not based on the British code.

“There is therefore an urgent need for domestic legislation on the whole area of debt collection particularly at the current juncture when so many households and businesses find themselves in debt.

“I would call on the government to legislate in line with the Fine Gael Private Members Bill of March 2009 which pointed out the lack of domestic law in this area, and called for legislation ‘to regulate debt collection and to ensure that debt collectors are registered and vetted.’


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