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The Farm Debt Mediation Scheme is the process whereby a creditor is required to enter into a process of mediation with the borrower prior to commencing debt recovery proceedings on farm mortgages.
Typically as a farmer you have 21 days to respond to this mediation offer or the creditor may choose to commence proceedings regardless.
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Regional Round-up is a monthly newsletter providing an overview into the environmental and business conditions affecting farmers and rural businesses in the Goulburn Valley and North East Victoria.
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Why should I contact a Rural Financial Counsellor? Is this really going to help my farm or rural business?
Our team of qualified and experienced Rural Financial Counsellors have been helping farm businesses for years now with some outstanding results.
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Regional Round-up is a monthly newsletter providing an overview into the environmental and business conditions affecting farmers and rural businesses in the Goulburn Valley and North East Victoria.