Debt Collection and Debt Recovery

There are two different names for one process called Collection Activities. Why Collection Activities or services are arranged? This is the subject here today. Before proceeding ahead, let us tell you that we are discussing from the point of view of Law Firms and Debt Collection agencies. Before discussing this further, let's discuss the difference between a Law Firm and Collection Agency. 


Debt Collection Agency

Law Firm

Just a Debt Collection Agency

A Law Firm (Full Service or Specific)

Expertise in Debt Collection only

Expertise in Debt Collection and Legal Services

Team of Expert Debt Collectors Only

Team of Expert Debt Collectors and the Legal Experts including Lawyers/Advocates and Legal Consultants

Team of Experts with Collection Services only with Primary Efforts

Team of Experts with Legal Services and Collection with Primary Legal

Collection Agency has to forward the matter to Law Firm, if not resolved.

Law Firm manages the case itself. They have the resources inside.  

Lawyers and Legal Consultants are not available.

Lawyers and Legal Consultants are available.

OLD Medium

Latest Medium

Conventional Methods

New Methods

Old Approach

New Approach

Economical

Economical

Just up to Debt Collection Approach

Just up to Modern Approach

Just a team of Debt Collectors

A new team with the best legal approach

If the readers are looking for Law Firms for Debt Collection Services then we can recommend a few here: Click and Visit 






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