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	<title>Collection cost - Revision history</title>
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	<updated>2026-05-15T02:53:03Z</updated>
	<subtitle>Revision history for this page on the wiki</subtitle>
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		<id>http://debianws.lexgopc.com/wiki143/index.php?title=Collection_cost&amp;diff=7100175&amp;oldid=prev</id>
		<title>imported&gt;SimLibrarian at 04:41, 20 November 2023</title>
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		<updated>2023-11-20T04:41:36Z</updated>

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&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;{{Short description|Cost incurred to collect debt that is owed}}&lt;br /&gt;
A &amp;#039;&amp;#039;&amp;#039;collection cost&amp;#039;&amp;#039;&amp;#039; is the cost incurred to collect [[debt]] that is owed, a process called [[debt collection]]. This could include expenditures for hiring a [[collection agency]]. Some contracts and regulations prescribe [[liquidated damages]] for collection costs. When collection costs occur, the debtor has pay off debt to get the collector out of collection cost.&amp;lt;ref&amp;gt;{{Cite web |url=http://www.taxes.state.mn.us/taxes/collection/publications/fact_sheets/CM2_009328.pdf |title=Archived copy |access-date=2008-07-29 |archive-url=https://web.archive.org/web/20061231004246/http://www.taxes.state.mn.us/taxes/collection/publications/fact_sheets/CM2_009328.pdf |archive-date=2006-12-31 |url-status=dead }}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==References==&lt;br /&gt;
{{reflist}}{{Finance-stub}}&lt;br /&gt;
[[Category:Debt collection]]&lt;/div&gt;</summary>
		<author><name>imported&gt;SimLibrarian</name></author>
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