Collection (encashment, collection)

The collection of debts due, especially checks, drafts and dividend coupons, usually by a bank (the presentation for payment and the subsequent actual payment of a draft, check or other obligation). – Bad debts are often collected by specialized companies (debt collection bureaux; debt collection agencies). Their success rate with private households in Germany is estimated at around fifty percent. – See downgrade trigger clause, collection, Faustpfandkredit, money collection, hard claim,
Money passage, collection business, collection strategy, cashiering, child deposit, loan shark, customer, lazy, corpse deposit, dunning fee, rent default insurance, payment morale, cession, target.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/