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collection agency
(redirected from Debt collection)

   Also found in: Wikipedia 0.03 sec.
collection agency
Managed care An enterprise that demands payment for a product sold or a service rendered, after an appropirate period of time has passed and the purchaser has not paid the seller. See Dun.


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Premises liability, debt collection and frivolous suits are among the hot button issues that worry the nation's real estate managers.
While costs of legal actions are rising, Doug Welbanks, former Director of Debtor Assistance and Debt Collection in British Columbia points out that, "There's no place harder hit by excessive costs than the family courts.
The IRS recently announced it expects to award the first three contracts for private debt collection in February 2006 and begin implementation in June 2006.
 
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