A debt-collection agency is someone who regularly attempts to collect debts on behalf of someone else, usually for a percentage of the amount owed.

Name: A debt-collection agency is someone who regularly attempts to collect debts on behalf of someone else, usually for a percentage of the amount owed.
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Question

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This is the correct definition of a debt-collection agency. They work on behalf of creditors to collect debts and are compensated through a percentage of the total amount owed.

A Debt-Collection Agency Is Someone Who Regularly Attempts to Collect