Debt collection is the art of recovery of monies owed. debt collection often arises out of a breach of a condition of a contract such as leas, unpaid cheques
it may take many forms from an attendance & collection of payment, to a payment plan or as a last resort, the seizure of goods & chattels. this includes repossession: the seizing of goods & chattels, property where a debt is overdue & a term of the contract allows for the recovery of property such as vehicles ( cars, trucks, moto bikes, boats, machinery & very occasionally other goods such as household furniture & equipment)
in debt collection, we charge commission on contingency basis. you only pay us out of the monies we successfully recovery for you from the debtor.