Limitation Act 1959: Establishes time limits for debt recovery actions, typically 6 years for contractual debts. Different types of debts may have different limitation periods.
Contract Law (Application of English Law Act): Provides the fundamental framework for contract enforcement and remedies in Singapore's legal system.
Civil Law Act: Governs basic principles of contract enforcement, including provisions for interest rates and late payment charges.
Consumer Protection (Fair Trading) Act: Ensures fair trading practices and protects consumers from unfair practices in debt collection.
Moneylenders Act: Regulates moneylending practices and debt collection activities by licensed moneylenders.
Registry of Moneylenders' Guidelines: Provides specific guidelines on acceptable debt collection practices and standards.
Singapore Police Force Advisory on Debt Collection: Official guidelines on permitted and prohibited debt collection behavior and tactics.
Personal Data Protection Act 2012: Governs the handling and protection of debtor's personal information during the debt collection process.
Bankruptcy Act: Outlines procedures and restrictions relating to bankruptcy cases and debt collection from potentially insolvent debtors.
Insolvency, Restructuring and Dissolution Act 2018: Provides framework for handling debt collection when dealing with insolvent debtors or those undergoing restructuring.
