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What is a debt collector or collection agency according to the fair debt collection practices act passed by congress to protect consumers like you a debt collection is a person or company that regularly collects debts owed to others typically when those debts are past due.
We buy debt with cash we will buy your debt and treat the debt as our collectibles you get immediate cash upfront debt recovery our debt recovery responsibility includes advising you on your documentation contacting meeting your clients and handling all the negotiation on your behalf to recover the debt.
Section 392101 of the texas finance code prohibits a thirdparty debt collector or credit bureau from engaging in debt collection in texas unless the thirdparty debt collector or credit bureau has obtained a surety bond and filed a copy of the bond with the office of the secretary of state.
dealing with debt collectors the dos and donts of debt collecting if you fall behind on your loan credit card or utility bills you might be contacted by a debt collector.
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Article originally published may 5th 2017 updated october 26th 2018 if a debt collector or creditor is calling about a balance you cant pay in full the last thing you probably want to do is talk with them.
ec credit control is a leader in debt collection across sydney and wider nsw if you need to recover a business debt fast contact them now on 1300 362 070.
debt collection is the process of pursuing payments of debts owed by individuals or businesses an organization that specializes in debt collection is known as a collection agency or debt collector most collection agencies operate as agents of creditors and collect debts for a.