debt collection agency
1debt collection agency — An organization that specializes in collecting the outstanding debts of its clients, charging a commission for doing so. Because of the historical stigma attached to the phrase debt collection , these agencies prefer to be called commercial… …
2debt collection agency — An organization that specializes in collecting the outstanding debts of its clients, charging a commission for doing so …
3debt collection agency — / det kəˌlekʃən ˌeɪdʒənsi/ noun a company which collects debts for other companies for a commission …
4debt collection — ➔ collection * * * debt collection UK US noun [U] ► COMMERCE the job of collecting payments from people who have failed to pay the money they owe for goods, services, etc. that they have already received: »We specialize in debt collection and… …
5collection agency — A company hired by a creditor to collect a debt. Creditors typically hire a collection agency only after having tried and failed to collect the debt on their own. Category: Bankruptcy, Foreclosure & Debt → Debt & Collection Agencies Nolo’s Plain… …
6Collection agency — A collection agency is a business that pursues payments of debts owed by individuals or businesses.[1] Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.[2] There are many… …
7collection agency — A company hired by a creditor to collect a debt. Such agencies are usually taken on only after the creditor has tried (by letters or phone calls) to collect the debt itself. These agencies are regulated by the federal Fair Debt Collection… …
8Fair Debt Collection Practices Act - FDCPA — A Federal law that limits the behavior and actions of debt collectors who are attempting to collect the debt for another person or entity. The law restricts the means and methods by which they can contact the debtor, as well as the time of day… …
9Fair debt collection — broadly refers to regulation of the debt collection industry at both the U.S. Federal and state levels of government. At the Federal level, it is primarily governed by the Fair Debt Collection Practices Act ( FDCPA ). In addition, many U.S.… …
10Norwegian National Collection Agency — Type Government agency Industry Financial service Founded 1990 …
