Debt Collection Specialists | Sydney | LCollect
Debt Collection Agency | LCollect

Debt Collection News

Released every month our debt collection blog contains news, stories and tips to keep you informed.

Western Australia Mortgage Repossessions at Record High

Thursday, August 02, 2012 - Posted by Philip Harvey

In financial year 2012, there were 1500 mortgage repossession applications lodged with the Supreme Court. The previous peak was during the GFC in 2008-2009 and where there were 1342 lodged with the Supreme Court. Prior to the GFC, the average was approximately 560 in a financial year.

This is a good litmus test of mortgage stress that the State is currently under.

Recent Posts



Copyright © LCollect 2019 | All Rights Reserved | Licensed Mercantile Agent License #409661517 | ABN 44 089 892 688 |
Australian Credit Licence #430659
HomeSite Information | Privacy Policy