collection agency

(redirected from Debt collection)
Also found in: Dictionary, Wikipedia.
Related to Debt collection: debt collectors

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.
References in periodicals archive ?
The Missouri Collectors Association is supportive of Attorney General Chris Koster's desire to curb abusive collection lawsuits along with abusive debt collection activity in general," said Nick Jarman, President and COO of Delta Outsource Group, Inc.
NEVER IGNORE A DEBT COLLECTION LETTER As soon as Terry received the first letter, he should have written to the debt collection agency to tell them he disputed their demands.
th ] edition of the International Debt Collections Handbook, explai ning the different stages of amicable s ettlement, legal proceedings and insolvency pr ocedures around collections in 40 countries.
As of July 2014, debt collection and debt collectors were among the largest consumer complaints the CFPB has addressed.
After a justice commission set up by an ystanbul court acted on claims of bribery in debt collection offices, 75 percent of the 260 officials working in the offices were posted to other positions.
The debt collection index has been keeping track of the changes in household debt since January 2010, when it was provisionally set at 100 points.
Contractors will be required to pursue debt collection activities which parallel existing industry procedures that have proven to be effective and efficient; to interact with government representatives at denned stages of the collection process (i.
The Kirkby company was named "consumer debt collection agency of the year" in the subpounds 2m turnover category at Credit Today's Debt Collection Awards.
I wonder how many other people are in this position - a debt collection agency have acted inappropriately but they can't prove it.
Wright Hassall has launched Quantum Debt Recovery, a specialist in debt collection and purchasing that will operate as a separate business while remaining wholly owned by the company.