Pursuit of debt payments owed by an individual or business
"Debt collector" redirects here. For other uses, see Debt collector (disambiguation).
It has been suggested that Cash collection be merged into this article. (Discuss) Proposed since January 2024.
A debt collection bureau in Minnesota
Debt collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector.[1] Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.[2] Historically, debtors could face debt slavery, debtor's prison, or coercive collection methods. In the 21st century in many countries, legislation regulates debt collectors, and limits harassment and practices deemed unfair.
^Dlabay, Les R.; Burrow, James L.; Brad, Brad (2009). Intro to Business. Mason, Ohio: South-Western Cengage Learning. p. 472. ISBN 978-0-538-44561-0.
^English, Dale (10 December 2001). "Sector specialization important when choosing collection agency (How to Hire a Collection Agency)". The Business Review (Albany, NY). 28 (36): S5(1).
specializes in debtcollection is known as a collection agency or debt collector. Most collection agencies operate as agents of creditors and collect debts for a...
The Fair DebtCollection Practices Act (FDCPA), Pub. L. 95-109; 91 Stat. 874, codified as 15 U.S.C. § 1692 –1692p, approved on September 20, 1977 (and...
The DebtCollection is the debut album by The Shortwave Set, released in July 2005 on Independiente Records. The album encompasses what the band described...
The Central Bank of Malaysia (BNM; Malay: Bank Negara Malaysia) is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya...
Fair debtcollection broadly refers to regulation of the United States debtcollection industry at both the federal and state level. At the Federal level...
card debts more difficult. Once a debt is handed to a collection agency, the agency will attempt to recover the customer's unsecured debt. If a debt-collection...
right to dispute the debt and receive validation are part of the consumer's rights under the United States Federal Fair DebtCollection Practices Act (FDCPA)...
United States, demand letters from a debt collector relating to a consumer debt must comply with the Fair DebtCollection Practices Act. In certain types of...
Hanoi, with the intention of collecting debt and sealing property. On April 6, 2016, a "special debtcollection team" wearing uniforms and carrying batons...
former debtcollection executives Jerry Ashton and Craig Antico, the charity purchases portfolios of income-qualifying medical debt from debt collectors...
collection agencies. In March 2009, the IRS announced that it would no longer outsource the collection of taxpayers debts to private debtcollection agencies...
development and other information technology fields, technical debt (also known as design debt or code debt) is the implied cost of future reworking required when...
Midland Credit Management, Inc. is an American debt buyer and debtcollection company headquartered in San Diego, California, and has offices throughout...
is a publicly-traded debt buyer and debtcollection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers...
2014. Many customers had received reminder fees and threats about debtcollection without having received a proper invoice. It was speculated if this...
founded in 1978 with headquarters in France. They provide services for debtcollection, telemarketing, customer relationship management, content moderation...
regulates the collection, dissemination, and use of consumer information, including consumer credit information. Together with the Fair DebtCollection Practices...
government debt (also called public debt, or sovereign debt) is the financial liabilities of the government sector.: 81 Changes in government debt over time...
largest debt-collection company." According to a J.P. Morgan spokesman, by 2010 the company was "winding down the debt-buying side and will focus on debt collection"...
provide $44.1 million dollars in consumer relief for engaging in illegal debtcollection practices. Westlake Financial and its affiliate Wilshire Consumer Credit...
Creditors may initiate debt enforcement proceedings (Betreibungsverfahren / procédure de poursuite) by filing a debtcollection request (Betreibungsbegehren...
mother-in-law; known as the "Queen of Debt", she is the billionaire CEO of "Redemption Services", the largest debtcollection agency in the U.S. David Rysdahl...
Cash collection is the process of collecting cash payment to fulfill the debts of customers' overdue invoices. Debts currently being processed for cash...
The Federal DebtCollection Procedures Act of 1990 (FDCPA), Title XXXVI of the Crime Control Act of 1990, Pub. L. No. 101-647, 104 Stat. 4789, 4933 (Nov...
activity is receivables management including receivables purchasing and debtcollection. The group, which has its headquarters in Hamburg, is part of the Otto...
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