- 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. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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
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