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Debt Management

Quiz by Australia Training

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10 questions
Show answers
  • Q1
    What level of debt is a payment plan?
    High
    Mid
    Low
    120s
  • Q2
    What level of debt is Debt Management Plans?
    High
    Mid
    Low
    120s
  • Q3
    What level of debt is Insolvency?
    Low
    Mid
    High
    120s
  • Q4
    Which one of the following is an Insolvency type?
    Debt Relief Order
    Debt Management Plans
    PIP
    Payment Plans
    120s
  • Q5
    Which one of the following is an Insolvency type?
    Sequestration
    PIP
    Payment Plans
    Debt Management Plans
    120s
  • Q6
    What legal doc do we need in order to speak to a DMC or INS?
    LOD
    NOD
    AOL
    LOA
    120s
  • Q7
    What DPA questions are you not able to ask a DMC or INS?
    Postcode
    Contact information
    1st line of address
    Employer
    120s
  • Q8
    What's the most common debt advice result in?
    Payment Plans
    Insolvency
    Bankruptcy
    Debt Management Plans
    120s
  • Q9
    What type of forbearance do you place on a file when the customer is entering a DMP?
    30-Day
    7-Day
    DMP
    14-Day
    120s
  • Q10
    How long does the customer have for us to receive the legal documents from their DMC or INS?
    7 days
    30 days
    No time frame
    14 days
    120s

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