debt collector

debt collector
Debt Collectors take steps to collect payments or otherwise perform similar activities connected with a debt. A licence is required under the Consumer Credit Act 1974 when dealing with non-companies in respect or credit or hire agreements not exceeding ₤15,000.

Easyform Glossary of Law Terms. — UK law terms.


debt collector
Someone who works in the in-house collections department of an original creditor or for a collection agency to track down debtors and get them to pay what they owe. (See also: Fair Debt Collection Practices Act (FDCPA))
Category: Bankruptcy, Foreclosure & Debt → Debt & Collection Agencies

Nolo’s Plain-English Law Dictionary. . 2009.

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Look at other dictionaries:

  • debt collector — UK US noun [countable] [singular debt collector plural debt collectors] someone whose job is to make people pay back the money they owe Thesaurus: relating to borrowing money and owing moneyhyponym …   Useful english dictionary

  • debt collector — UK US noun [C] ► COMMERCE a person or company that collects payments from people who have failed to pay the money they owe: »After she became overdrawn, the bank closed her account and threatened her with debt collectors, credit reference… …   Financial and business terms

  • debt collector — UK / US noun [countable] Word forms debt collector : singular debt collector plural debt collectors someone whose job is to make people pay back the money they owe …   English dictionary

  • debt collector — debt col.lector n someone whose job is to get back the money that people owe …   Dictionary of contemporary English

  • debt collector — debt col,lector noun count someone whose job is to make people pay back the money they owe …   Usage of the words and phrases in modern English

  • Debt Collector — A company or agency that is in the business of recovering money that is owed on delinquent accounts. Many debt collectors are hired by companies to which money is owed by debtors, operating for a fee or for a percentage of the total amount… …   Investment dictionary

  • debt collector — one whose profession involves collecting debts …   English contemporary dictionary

  • debt collector — noun a person who collects debts for creditors …   English new terms dictionary

  • debt collector — noun (C) someone who is employed to get back the money that people owe …   Longman dictionary of contemporary English

  • debt collector — / det kəˌlektə/ noun a person who collects debts …   Marketing dictionary in english

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