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When there is a person who will be owing you money then you are the lender and that other party will be the debtor meaning that he has your money and according to the contract that you will have signed with him he is supposed to refund the amount that you will have given to him at a certain time with the interest that will have accrued and failure to pay on time there are the consequences that you will have set. The process of giving money to the debtors is always easy and sweet and paying back the money is not that easy and there may come a point when they are going to refuse to pay you the money that they owe you and that is where you are needed to take the option of hiring the people who are going to collect that money for you. Be wise and find a top debt collection and recovery service agency that you will be able to hire so they can collect all the money that you will have lent out.
Be sure that a good debt collection and recovery service agency will not ask for any payment if they have not been able to recover the money. The only way you are going to pay the debt collection and recovery service agency is if they can recover the amount that they were supposed to collect and that means no recovery no pay.