A company which collects debts on behalf of a creditor, or who buys the debt from the original creditors.
Creditors can employ or sell the debt to a debt collection agency that will chase the outstanding debt. They are not Bailiffs and have very little power to collect the debt and should be treated the same as any other unsecured creditor.
A company which collects debts on behalf of or which buys the debt from the original creditor.