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Industry Guideline: Sale of unsecured debt

1 March 2020

**This information is now found in Appendix 3 – Industry Guideline: Sale of unsecured debt***

ABA member banks will not sell debt if:

  • the debt is statute-barred, or
  • the customer is in the process of disputing that they owe the debt and the bank has not
    yet finalised its consideration of the issue.

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