What is the process of debt collection?
Your debt is sent to a collector.

Your creditor hires a collection agency to help collect payment. It may even sell your debt to the agency, which means your creditor no longer has any involvement in the process going forward. You would be working solely with the collection agency to pay back the debt.

What is the meaning of debt collection?
Meaning of debt collection in English. The job of collecting payments from people who have failed to pay the money they owe for goods, services, etc. that they have already received: We specialize in debt collection and related credit management services. a debt collection agency/service.

Is debt collection illegal?

We enforce the Fair Debt Collection Practices Act (FDCPA), which makes it illegal for debt collectors to use abusive, unfair, or deceptive practices when they collect debts.
What happens if you don’t pay a debt collector?

If you ignore the collector they will make a negative report to the credit reporting agencies regarding your credit report. This will hurt your credit score. The longer you ignore the debt collector and don’t pay the debt, the larger your debt will get.