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LSDefine

Simple English definitions for legal terms

collection agency

Read a random definition: burgh Engloys

A quick definition of collection agency:

A collection agency is a person or company that helps other people collect money that is owed to them. They try to get people to pay back the money they owe. Some states have rules about who can be a collection agency and who cannot. For example, banks and lawyers are usually not considered collection agencies.

A more thorough explanation:

A collection agency is a person or company that is hired to collect debts that are owed to another person or company. This means that if you owe money to someone and you are not paying it back, they may hire a collection agency to try and get you to pay.

For example, if you owe money to a credit card company and you are not making your payments, the credit card company may hire a collection agency to try and collect the debt from you. The collection agency will contact you and try to get you to pay the debt.

It is important to note that not all people or companies can be considered collection agencies. For example, banks, trust companies, licensed attorneys, and insurance companies are often excluded from the definition of a collection agency.

collaterals | collective bargaining

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JumpySubsequentDolphin
20:48
I got these jeans from re/done on a crazy sale and I love them BYT RHEY HAVE FIVE BUTTONS
JumpySubsequentDolphin
20:48
I DIDNT REALIZE WHEJ I BOUGHT THEM BC THEYRE HIDDEN. LIKE INSTEAD OF A ZIPPER THEYREBALL BUTTONS
JumpySubsequentDolphin
20:48
what if I have to pee.
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
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