Page 43 - Q&A 2019/2020
P. 43
Accordingly, in your case, if it is assumed that the underlying agreements do
not fall under the NCA, then it is highly likely, based on the finding of the Appeal
court in this case, that the settlement agreement would also not fall under the
NCA and would not require you to follow the procedures of the NCA to collect
your outstanding debt under the settlement agreement.
Consult your attorney to help you review the agreements and establish the
correct approach to collecting your outstanding debt under the settlement
agreement.
Commercial
37
