Collection cost
id:
collection-cost-260-1844191
title:
Collection cost
text:
A collection cost is the cost incurred to collect debt that is owed, a process called debt collection. This could include expenditures for hiring a collection agency. Some contracts and regulations prescribe liquidated damages for collection costs. When collection costs occur, the debtor has pay off debt to get the collector out of collection cost.
brand slug:
wiki
category slug:
encyclopedia
description:
Cost incurred to collect debt that is owed
original url:
https://en.wikipedia.org/wiki/Collection_cost
date created:
date modified:
2023-11-20T04:41:36Z
main entity:
{"identifier":"Q16887829","url":"https://www.wikidata.org/entity/Q16887829"}
image:
fields total:
13
integrity:
14