collection agency

noun

1. a firm that collects unpaid bills for other firms and is usually compensated by receiving a percentage of the amount collected.

Example Sentences

An estimated 20 percent of Americans are currently being pursued by a collection agency for medical debt.

From Freakonomics

The hospital also disclosed that employees at its now-shuttered collection agency were given financial incentives based on the money they recouped from patients.

From ProPublica

The feckless disaster relief agency had become a feckless debt collection agency.

From The Daily Beast

“We tell them, ‘You put us in touch with that collection agency,’” DePriest says.

From The Daily Beast

Of course James went in, and found a futurist painter wrestling with the agent of a collection agency.

From Project Gutenberg