Any person in one of the following category can be debt collector:
A) A person operating a business whose principal purpose is to collect debts
B) A person who regularly collects or attempts to collect debts owed to another (this includes outside counsel who collects debts on behalf of the financial institution)
C) A creditor who collects its own debts using a name other than its own, giving the impression that a third party is collecting it
D) A creditor who collects its own debts because of his forefathers
Correct Answer:
Verified
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