Debt collection firms in Singapore see greater demand for services

A file photo shows debt collectors from JMS Rogers going about their work. ST FILE PHOTO
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SINGAPORE - Debt collection firms here are seeing robust demand for their services amid a rising trend of companies and people failing to service their debts as they struggle with the aftermath of the pandemic and rising inflation.

Those making the debt recovery requests range from businesses that did not get paid for work done, to people who are owed money by their spouses or colleagues.

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