Why Is Share Price Tanking?, page-309

No, in fact the opposite is true. For a year that some finance counselling  group looked at the public record of bankruptcy filings, CLH (via a subsidiary Lion Finance) filed 512, and CCP none. The banks like dealing with CCP because of its low tendency to file bankruptcy actions. In the USA, where folk are quick to litigate, CCP's low-litigation approach is novel, and attractive. Why banks do not want their non-paying debtors to be unduly hassled, I cannot say for sure, but it may sim[ply be a matter of public image.

If you Google "Lion Finance" Bankruptcy "Credit Corp" you will find an AFR article that states, amongst other things, "Aug 14, 2019 - Research conducted by financial counselling groups found Brisbane-based Collection House's subsidiary Lion Finance had filed 512 bankruptcy actions in the Federal Court in the past financial year. Its major rival, Sydney-based Credit Corp, filed none while smaller providers were often in the double or single figures."