DAPA - Debt Agreement Practitioners Association
 

Welcome to DAPA

 

Fellow Professional

Fellow Professional,

As you are no doubt aware we recently had a change of Executive Committee at DAPA. Namely:

Cliff Mearns – Chairperson & Bankruptcy Forum representative
Tom Davison – Executive Director & Creditor liaison; and
Geoff Chester – Executive Director & Membership.

The Executive is committed to establishing good lines of communication with all stakeholders with the aim of raising the profile of DAPA as the representative body in all matters relating to our professional group.

Our focus is to become more proactive in making our case to the creditors to ensure better outcomes for debtors who choose the Part IX option to resolving their insolvent position.

RDAA is a relatively recent professional calling having developed through the need to respond to a growing sector in the insolvency area that was unable to be adequately catered for by existing insolvency practitioners.

As RDAA developed different business practices and models it became apparent that a `voice’ was needed to engage with the highly professional groups that were being encountered. ITSA, Bankruptcy Regulation, The Attorney General and creditors are just a few who have strong viewpoints on matters relating to our participation in the industry.
ITSA have now established regular forums to develop a wider awareness of issues in our segment of the insolvency industry and there are now other peripheral and closely associated areas such as the Bankruptcy Forum that interact with our area of responsibility. A further review of Part IX is currently taking place, as a follow-up to the major amendments implemented in July 2007. DAPA has been very active in its representation on these various reviews by attendance and submission.

DAPA, since its inception, has been working to establish the recognition needed within the industry to ensure members’ concerns are addressed and that as a professional group the Association has an input into the different groups.

It has been evident that individuals have no `voice’ in affecting outcomes, but as a group we have been listened to. Government, major creditors, other insolvency interests are perusing their own interests. After spending much time deliberating the Association’s response to the current Debt Agreement Review it became obvious that the imperative was to present a submission, representative of a majority view thereby ensuring a single voice that expresses a positive input to ongoing discussion. The Executive spent considerable time reviewing the implications and responses to the member survey before committing to the DAPA submission.

Members, abiding by the Constitution of DAPA and its Code of Conduct, assist in supporting the principle of self regulation, whilst adhering to legislative requirements.

A united front is essential if our profession is to be treated with respect amongst its peers and taken more seriously by government.

Anyone engaged in insolvency administration should seek membership and the Executive encourages non-members to make application.

Others engaged in credit management and debt recovery procedures will also benefit from membership.

For further information on the Association please browse our website at: www.dapa.org.au

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