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A collection agency is understood as another party, an authorized, that acts on your behalf of any business requesting such representation to be able to collect an unpaid debt.Let's face it, companies are in whatever chosen market to create money, never to lose it, and occasionally it is needed to hire an authorized to actively pursue unpaid debts.An assortment agency will sometimes collect debts for businesses or lenders and in other situations, they purchase unpaid debts so the debt could be collected and the amount of money then would go to the collection agency...