debt collection

debt collection
/'det kəˌlekʃən/ noun
the act of collecting money which is owed

Dictionary of banking and finance. 2015.

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  • debt collection — ➔ collection * * * debt collection UK US noun [U] ► COMMERCE the job of collecting payments from people who have failed to pay the money they owe for goods, services, etc. that they have already received: »We specialize in debt collection and… …   Financial and business terms

  • debt collection agency — An organization that specializes in collecting the outstanding debts of its clients, charging a commission for doing so. Because of the historical stigma attached to the phrase debt collection , these agencies prefer to be called commercial… …   Big dictionary of business and management

  • debt collection — collecting of a debt, collecting of money owed …   English contemporary dictionary

  • debt collection — / det kəˌlekʃ(ə)n/ noun collecting money which is owed …   Marketing dictionary in english

  • Fair Debt Collection Practices Act — The Fair Debt Collection Practices Act (aka FDCPA), usc|15|1692 et seq., is a United States statute added in 1978 as Title VIII of the Consumer Credit Protection Act. Its purposes are to eliminate abusive practices in the collection of consumer… …   Wikipedia

  • Fair debt collection — broadly refers to regulation of the debt collection industry at both the U.S. Federal and state levels of government. At the Federal level, it is primarily governed by the Fair Debt Collection Practices Act ( FDCPA ). In addition, many U.S.… …   Wikipedia

  • Fair Debt Collection Practices Act — Federal act, the purpose of which is to eliminate abusive debt collection practices by debt collectors, to insure that those debt collectors who refrain from using abusive debt collection practices are not competitively disadvantaged, and to… …   Black's law dictionary

  • Fair Debt Collection Practices Act — Federal act, the purpose of which is to eliminate abusive debt collection practices by debt collectors, to insure that those debt collectors who refrain from using abusive debt collection practices are not competitively disadvantaged, and to… …   Black's law dictionary

  • Fair Debt Collection Practices Act — (FDCPA) A federal law that prohibits certain debt collection practices, including harassing, abusing, or lying to debtors, contacting third parties about a debt (except in limited circumstances), and contacting debtors at work or at inconvenient… …   Law dictionary

  • The Debt Collection — Infobox Album Name = The Debt Collection Type = studio Artist = The Shortwave Set Released = 2005 Recorded = Genre = Length = Label = Independiente Producer = Reviews = Last album = This album = The Debt Collection (2005) Next album = The Debt… …   Wikipedia

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