Singapore’s Leading Debt Collection Agency, DMS Debt, Discusses Debt Collections Bill

Industry: Business

DMS Debt was founded in 2003 by ex-police officers and continues to be a leader in their industry

Singapore, SINGAPORE (PRUnderground) August 8th, 2022

When a group of ex-police officers in Singapore decided to create a debt collections company in 2003, their mission was to deliver the best possible services at any cost. The team at DMS Debt has met and exceeded these goals since then to become the leading debt recovery service in Singapore.

Now, they are internally discussing how they will navigate the Debt Collections Bill if it passes.

The bill would require that any debt collections company hold a special license to carry out their duties. According to DMS Debt, this potential licensing requirement is something they intend to fully meet. As ex-law enforcement with decades of experience in debt recovery, they hold their company to the highest standards of the law.

“We are committed to providing simply the best debt collection services for our clients, so it goes without saying that we will have any licensing set forth as a requirement,” said a spokesperson for DMS Debt.

Their long list of clients can rest assured that DMS Debt will always be in compliance of the latest laws and regulations.

DMS Debt specializes in debt collections for financial services companies, telecom firms, recruitment agencies, trade associations, advertising organizations, insurance and law firms, media and marketing companies, and several other niches. The firm has put into place strict ethical and professional policies to ensure that every client is managed with the utmost of care and attentiveness. The DMS Debt team is also partnered with outside agencies for conducting general recovery, locating missing debtors, and assisting with other financial solutions.

The Debt Collections Bill is on track to be passed before the end of this year, and according to DMS Debt, their professional debt recovery team will be in full compliance. They are currently accepting new clients. More information can be found at

About DMS Debt

DMS Debt is Singapore’s leading debt collection agency and has been trusted to handle each and every account with the height of professionalism and efficiency since their launch in 2003.

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