Debt collection agency
Debt collection agency A debt collection agency offers companies and individuals professional help in collecting outstanding receivables and amounts due to be paid. Such businesses target outstanding payments, bad debts, overdue invoices, etc. Their attempt to collect is deliberate in order to obtain the amount past due. As debts become a larger problem in many countries due to failed payments and transactions, the debt collection agency role is vital.
DCA and DEA: regulated rights Debt collection agencies and Debt Enforcement agencies are strictly regulated by law and possess certain authorities, which stand as legal rights.