NRMA may be assigning debts without notice to debtors-Fraud a possibility, and may be grounds for aggravated damages in a debtor class action
by Ganesh Sahathevan Peter Harmer Proud dad, mad Collingwood supporter and Chief Executive Officer, IAG NRMA is a subsidiary of IAG This writer recently received a demand to pay a debt he had never heard of, from a company,which appears to be based in Melbourne,named Australian Receivables Ltd (ARL). ARL claimed to have knowledge of some thousands of dollars owed the NRMA (and IAG) that arose out of a motor vehicle incident which occurred last year. The NRMA was involved in that matter, acting as insurer for the other party in that incident. As it turns out ARL has been in business with the NRMA for quite some time. It also appears that the NRMA has been in the habit of not informing debtors that it has assigned its debt to ARL for at least as long. last updated – posted 2011-Apr-21, 4:40 pm AEST User #422489 3 posts etangle I had an accident while leaving my driveway to incoming car, but other car got very minor...