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Key Driver Transforming The Debt Collection Agencies Market 2025: Rising Consumer Debt Levels Fuel Growth In The Market

Collection Industry News

The debt collection agencies market is segmented by agency type into First-Party Agencies, Third-Party Agencies, and Sale Of Debts; by debt type into Bad Debt and Early Out Debt; and by application into Financial Services, Healthcare, Student Loans, Government, Retail, Telecom and Utility, Mortgage, and Other Applications.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

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Debt Collectors Are Thriving This Year – And Now They’re Filing Even More Suits

Collection Industry News

Finding themselves with enough money to settle old debts, people responded to collectors’ calls and letters. Debt-buying executives couldn’t help marveling at their good fortune. The company is currently not seeking new orders to seize debtors’ wages or bank account funds, she said. It is, however, seizing wages.