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collection agency
(redirected from Debt collection)

   Also found in: Medical, Wikipedia 0.03 sec.
Any individual, organization, or unit that has access to sources of information and the capability of collecting information from them. See also agency.


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The business gives the responsibility of debt collection to an Accounts Receivables person.
DEBT COLLECTION by private 'companies' has become a growth industry.
There is a law called the Fair Debt Collection Practices Act and it protects you from abusive or harassing practices from third party debt collection agencies.
 
 
 
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