What is a debt collector?
In financial spheres there are different interpretations defining what a debt collector is. Generally a debt collector is an entity,
Unfair collection practices
There are different methods for dealing with debt collectors when they are forcing harassing methods and illegal practices upon a
GDPR & receivables management
With regard to the new European General Data Protection Regulation (EU -GDPR), which comes into force on 25 May 2018,
Dealing with debt
Dealing with debt can be a long, complicated and costly process for the debtor. According to different government statistics (e.g.
Debt help
Help with debt refers to the professional advice & counsel methods, provided by expert debt help agencies. When a borrower
Collection agent
A collections agent is an entity, legally licensed to recover default payments and “charge-off” debts on behalf of the original
Get out of debt
To get out of a debt situation means clearing all default liabilities towards a creditor. This mechanism is requisite in
Debt collection improvement act 1996
The Debt Collection Improvement Act of 1996, also known as the DCIA, is a United States’ legal act, regulating the
Bill collector
A bill collector is the person who recovers defaults or late payments from a second party, i.e. the subject of
Debt collection
Debt collection as a process and as a financial term construes the whole system of debt recovery practice techniques and
Debt problem
All types of issues connected with past-due payment situations are debt problems. These problems occur when a consumer or a
Debt recovery company
A debt recovery company is considered as such when it is registered and licensed to carry out the debt collection
Debt collection software
Debt collection software represents the whole debt recovery program’s data set and operative plans, including the API (Application Programming Interface).
Commercial collection agency
A commercial collection agency executes the process of recovering commercial outstanding amounts or past-due payments on behalf of a first-party,
Debt companies
Debt companies companies fall under the definition of debt collection agencies (DCAs). They specialise in the area of delinquent amounts
Credit collection services
Credit collection services are provided by collection agencies which apply a wide range of credit recovery methods. Such Credit recovery
Collection services
Collection services are provided by specialised debt recovery agencies, which recover delinquent amounts and past-due debts. Debt collection services can
National debt collection agency
A national debt collection agency pursues bad debts and late payments on the territory of one country, usually where they
Debt recovery software
Debt recovery software defines the automated system of debt recovery, used by every DCA (Debt Collection Agency). This software is
Debt advice
A debt advice can be acquired by consulting with a professional debt help agency, operating either on a charity basis
Debt collection statute of limitations
A statute of limitations on debt collection serves as an attribute for the default collection of time-framed debts and the
Debt collection practices
Debt collection practices are all actions and procedures that collection agencies take during a standard debt recovery process, implemented by
Medical debt collection
Medical debt collection is the process of recovering overdue medical bills and bad debts from former or present patients; the
Debt collection scams
Debt collection scams are unfair and illegal techniques for recovery of past-due payments from debtors, carried out by different debt
Consumer debt
The term consumer debt refers to past-due amounts, lent by a creditor to a consumer, where the individual has fallen
Debt collection business
The term ‘debt collection business’ commonly serves as a summary for legitimated and registered DCAs (Debt Collection Agencies), which offer
Debt recovery letter
A debt recovery letter serves a pre-legal method for collection of bad debts and past-due payments. It represents a written
Commercial debt recovery
Commercial debt recovery represents the collection of delinquent amounts from a business (debtor) on behalf of another business (creditor). It
Bad debt recovery
Bad debt recovery represents different loans and delinquent payments, deriving from past-due consumer and commercial debts. Bad debts are usually
Eliminate debt
To eliminate debt is usually a complicated procedure, carried out with help from specialised debt advice agencies and non-government organisations.
International debt recovery
International debt recovery is the process of collecting delinquent accounts outside creditor’s country of residence. Some global debt collection agencies
Debt recovery
Debt recovery represents different loans and delinquent payments, deriving from past-due consumer and commercial debts. Bad debts are usually connected
Debt counselling
Debt counselling is also known under the term credit counselling and comprises all debt help and debt advice procedures. This
Debt
A debt is a certain past-due amount owed by a second party (customer, debtor) to a first party (creditor, lender)
Debt reduction
Debt reduction is the process of decrementing the total amount of a delinquent payment, also known as bad debt. It
Debt buyers
Debt buyers (DBs) purchase bad debts from the original creditor for a percentage of the full debt’s face value at
Debt elimination
Debt elimination is the process of reducing all loan payments & liabilities to zero, i.e. the total debt reimbursement procedure,
Debt resolution
Debt resolution denotes the process of resolving over-indebted borrowers’ severe financial issues and combines all types of debt help and
Debt collection act
A debt collection act is generally connected with all laws and acts for a fair debt collection process. Such regulations
Right to be forgotten
If an outstanding claim is not paid, the creditor has the right to authorize a debt collection agency to enforce
Debt agency
A debt agency is an organisation, which pursues and recovers bad debts and late payments from consumers (the debtors), on
Debt collection agency
A debt collection agency offers companies and individuals professional help in collecting outstanding receivables and amounts due to be paid.
Legal actions in debt collection
In legal parlance, the term debt describes a specific amount of monetary value that is owed by one subject to
Bad debt Collection
Collection of bad debt referres to the whole recovery process of default payments and past-due debts, marked by the creditor
Credit collection agency
A credit collection agency, also known as “debt collection agency” operates according to different state and international laws. Such organisations
Debt negotiation
Debt negotiation describes the arrangement process between two parties- creditor and debtor, of changing the conditions of a debt contract.
Free debt advice
A free debt advice (also known as debt counselling) is generally recognised as a substitute for consumer’s or corporate’s bankruptcy
Collection agency
A collection agency is a business specialised in acquiring payments and debts from individuals as well as companies. It provides
Debt purchase
Debt purchase is often carried out after a specific period has passed and attempts to collect an outstanding amount haven’t
Debt recovery service
A debt recovery service indicates the process of collecting a debt amount owed to a first party (creditor), which has
Business collection agency
A business collection agency recovers commercial debts, where the debtor is not an individual, but a business company. Such agency
Debt recovery agency
A debt recovery agency refers to a private organisation, specialising in collecting bad debts and delinquent amounts from debtors on
Debt collection lawyer
A debt collection lawyer is hired by a debt recovery agency or by the original creditor in order to negotiate
Collections law
A collections law is a constitutional document that regulates the debt collection process and the actions of debt recovery agents.
Debt problems
In the financial sphere debt problems are usually connected to the inability of a subject to pay off their debt.
Credit collection
Credit collection refers to the general debt recovery process of reimbursing unpaid and past-due credit loans from the consumer in
Debt assistance
Debt assistance refers to professional debt help and specialised debt advice for getting out of a bad debt situation or
Debt recovery UK
Agencies operating on local UK level collect delinquent payments from the subject of debt and require a commission fee to
Debt repayment
Debt repayment is the act of disbursing monetary liabilities, borrowed from a creditor towards the same creditor. This process typically
Debt plan
A debt plan involves various default repayment methods available for indebted subjects. The debtors can be either individuals with consumer
Global debt collection
Global debt collection introduces the international debt recovery process, carried out either by a specialised private debt collection agency (DCA)
Debt collector actions
Different acts and laws legislate what debt collectors can do and determine which practices are considered as legal and ethical,
Debt solutions
Debt solutions as an economic definition stands for the settlement of bad debts by a private debt help companies on
Fair debt collection
A fair debt collection broadly refers to the ethical and legal debt recovery practice and collection process. Such procedure is
Business debt collection laws
Business debt collection laws are legal statutes, which protect businesses in debt against unfair debt recovery practices and vindicate creditors’
Collection company
A collection company is hired to collect outstanding debts, normally operating for a commission percentage/fee of the amount taken from
Collecting debt
Collecting debt applies to the recovery procedure of default payments and past-due delinquent payments. The process contains different collection tools
Consumer debt services
Consumer debt services are special debt recovery proceedings, provided by debt collectors and DCAs (Debt Collection Agencies). Such services aim
Debt solution
A debt solution portrays the resolution of a bad debt situation. It refers not to the bad debt itself, but
Credit card debt collection
Credit card debt collection represents the whole system of debt recovery techniques and proceedings. It can be executed by the
Credit debt
Credit debt is used as a collective for defining debts, occurred as a result of credit cards’ past-due payments. Such
Debt consolidation
Debt consolidation is a financial definition for the process of unification of various debts into one single and larger amount.
International debt collection
International debt collection is the process and procedure of pursuing delinquent amounts and foreign debts from consumers (i.e. “subject of
Debt collection letter template
A debt collection letter is generally known as “letter of demand”. It demands the subject of debt to settle the
Business debt recovery
Business debt recovery classifies a commercial debt collection process provided by a DCA (Debt Collection Agency) or by an internal
Debt settlement
Debt settlement as a general definition is in the meaning of using different methods and plans for settling a debt
Credit card debt
A credit card debt is a liability towards a lender, derived from exceeded credit card usage. It is also known
Debt collection process
A debt collection process is a cumulative concept for the fair and ethical recovery of delinquent amounts and past-due payments
Collection letter
A collection letter (also known as dunning letter) is a notification sent in writing, informing a consumer of his past
Business debt collection
Business debt collection refers to commercial recovery of delinquent payments, where both the creditor and the debtor are business organisations.
Debt collection laws
Debt collection laws are the main regulator of DCAs’ (Debt Collection Agencies), creditors’ and other debt recovery agents’ actions and
Clear debt
To clear debt is the procedure of repaying past-due monetary obligations by a subject of debt towards a creditor. The
Debt collection UK
UK debt collection represents the whole debt recovery process on the territory of the United Kingdom. DCAs (Debt Collection Agencies),
Consolidate debt
To consolidate debt means to merge multiple liabilities into one single amount to be paid and also to unify multitude
Debt collectors UK
Debt collectors the UK are legal and licensed organisations, which collect past-due debts and delinquent amounts from subjects of debt
Debt collectors rights
The actions taken by debt collectors in order to collect outstanding amounts are not random. There are rules which define
Statute barred debt
The term statute barred debt is used in the meaning of a monetary obligation towards a creditor, which has a
Debt collection attorney
A debt collection attorney is a legal representative, specialised in matters of recovering debts and past-due amounts from debtors. Such
Debt collection guidance UK
Debt collection guidance in UK generally unifies the whole navigation scheme for legal and ethical debt collection within the borders
Debt collector harassment
Debt collector harassment is generalised as an act of violation by a debt recovery agent against a debtor and his
Debt services
The term “debt services” covers the full package of processes carried out during collection of bad debts. These proceedings can
Debt collector
A debt collector is the entity collecting outstanding receivables. Such organisations hold the necessary skills of convincing the debtors to
Debt management
Debt management is a service, provided by debt collection agencies (DCAs) or private debt advice companies and organisations. This service
Global debt recovery
Global debt recovery is carried out by external debt collection agencies, operating on a global level. There is a difference
Debt collection services
Table of contents Full debt collection service package Legal limits for debt collection service A debt collection service is usually
Debt free
Staying debt free is a general problem for many consumers. Due to the harsh economic state, a lot of individuals
Pay off debt
There are different default reimbursement methods to pay off debt- individual or commercial. As borrowing a monetary amount is a
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