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Business Debt Collections
You wouldn't let someone walk out of your store without paying. If that happens too often, then you go out of business. Therefore, why would you let someone skip out on a debt that they rightfully owe you? The equation doesn't make a lot of sense...
+ Read MoreGlossary of Collection Agency Legal Terms
Glossary of Legal Terms Acceleration Clause - A clause in contracts of debt which makes the entire amount due upon the debtors default. Accord And Satisfaction - A settlement agreement by which a claim is satisfied and...
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