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Glossary of Collection Agency Legal Terms
Glossary of Legal Terms Acceleration Clause - A clause in contracts of debt which makes the entire amount due upon the debtors default. Accord And Satisfaction - A settlement agreement by which a claim is satisfied and...
+ Read MoreWhen To Send A Debt To A Collection Agency
Knowing when it is time to send your debt to a debt collection agency; after you have made several attempts to collect a debt on your own using your own resources and coming up with no success. You may try to call the person who owes you for the...
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