Examples of Debt collection in a sentence
Debt collection policy should also be put in place to ensure that debts are collected as and when they fall due.
Debt collection procedures used by the U.S. Department of Treasury may include referral of the debt to private collection agencies, reporting of the debt to credit bureaus, garnishment of private wages and administrative offset of the debt by reducing, or withholding eligible federal payments (e.g., tax refunds, social security payments, federal retirement, etc.) by the amount of your debt, including any interest penalties or other costs incurred.
Debt collection professionals and other workers supporting debt collection are not exempted.
Debt collection centers may charge fees for the debt collection serv- ices in accordance with the provisions of paragraph (j) of this section.
The by law also paves a way for the council to draft the Indigent policy which outlines the qualification criteria’s and the quantity of free services that the approved consumers will receive on a monthly basis.Credit control and debt collection By-Law The credit control and debt collection by-law give the Municipal Council to draft a Credit Control and Debt collection policy which guides the municipality on the frequency of billing for the services rendered, closing dates of accounts payments.