Max Recovery Australia Pty Limited ABN: 89 125 680 122

On 5 December 2024, Max Recovery Australia ceased to hold an Australian Credit License under the National Consumer Credit Protection Act 2009.

About Max Recovery

Max Recovery Australia engaged primarily in purchasing claims from financial institutions, where Debtors are subject to an insolvency in Australia (Part IV, IX or X under the Bankruptcy Act 1966). As the Assignee of the creditor for these debts, the primary business activity was the administration of the purchased claims. Max Recovery engaged servicer firms, including Bravure Pty Ltd, to manage communications with debtors and trustees.

Sale of Debts

On 23 February, 26 February, 6 June and 16 July 2024, Max Recovery Australia sold the vast majority of its debts under a Sale Agreement. If your debt was sold, you should have received a Notice of Assignment.

Deed Poll

On 9 August 2024 Max Recovery Australia executed a deed poll over the debts which were not included in the Sale Agreement. The intent of this deed poll is to release consumers from their obligations under the credit contracts related to the accounts subject to the deed poll. You may access a copy of the deed poll using the link found here

Max Recovery Limited, an affiliate of Max Recovery Australia Pty Ltd, acquired a portfolio of consumer credit accounts including the underlying credit contracts from an Australian deposit-taking institution. Each of these accounts were subject to insolvency proceedings under Part IV, Part X or Part IX of the Australian Bankruptcy Act 1966.

Max Recovery Limited has now executed a deed poll over these accounts which releases consumers from their obligations under the credit contracts related to these accounts.

For additional details about this deed poll, including a desensitised listing of accounts, and what it might mean for you, please visit the Max Recovery Limited website using the link here.

 

Notification under the Privacy (Credit Reporting) Code 2014 (Cth)

• Max Recovery Australia Pty Limited (“Max Recovery”) may provide your “Credit Related Information” (being such account holder’s credit information and credit eligibility information) to a “Credit Reporting Body” (as defined in the Privacy Act 1988 (Cth)). A Credit Reporting Body may include such information in reports provided to “Credit Providers” (as defined in the Privacy Act 1988 (Cth)) to assist Credit Providers to assess your credit worthiness.
• If you fail to meet your payment obligations in relation to consumer credit or commit a serious credit infringement, Max Recovery may be entitled to disclose this to the Credit Reporting Body.
• You may obtain Max Recovery’s policy in relation to the management of Credit Related Information [by clicking the link to the policy below this notice]. You may contact a Credit Reporting Body to obtain its policy in relation to the management of Credit Related Information. See Max Recovery’s policy for contact details for Equifax, Illion and Experian, which are the Credit Reporting Bodies that Max Recovery may need to interact with from time to time.
• You may contact Max Recovery (i) to access your Credit Related Information from Max Recovery; (ii) to request Max Recovery to correct the information to the extent that there are any errors or omissions; or (iii) to make a complaint to Max Recovery.
• You may request a Credit Reporting Body to cease to use or disclose your Credit Related Information for the purposes of pre-screening of direct marketing by a Credit Provider or if you believe on reasonable grounds that you have been, or are likely to be, a victim of fraud.

Contact Details

• Max Recovery Australia Pty Ltd
  85 Castlereagh Street
  Sydney NSW 2000
  Australia
• 1300 576 005
• enquiries@maxrecovery.com
• Max Recovery privacy queries