Recovery agent definition

Recovery agent means any individual who, for consideration, advertises as providing or performs repossessions.
Recovery agent means an individual who is licensed under this chapter to provide a
Recovery agent means an individual who, for consideration, performs collateral recovery services.

Examples of Recovery agent in a sentence

  • Company may allocate overdue cases to Recovery agent and/or take legal courses including those under SARFAESI Act.Company reserves the right to initiate any action/(s) at any point of time.

  • Recovery agent performs roll back recovery after occurrence of failure.

  • Recovery agent of bonds guaranteed by state the bonding company pays the property entity other individuals interested in the prosecutor with the bail revoked, revoking gun ownership privileges of.

  • Assessment evidences Title of Component: Debt Recovery agent Outcomes to be assessed/NOSs to beassessedAssessment criteria for the outcome1.

  • Recovery action by Council’s Debt Recovery agent may include telephone calls, notices of demand, Statement of Liquidated Claim, Judgement, Writ of Execution, Garnishee Orders, Section 569 Notices, Warrant of Apprehension, notice to wind up a company and sale of land for overdue rates under Section 713 of the Act.


More Definitions of Recovery agent

Recovery agent means a person who, for consideration, works in the business of performing repossessions. A recovery agent must be employed by a licensed recovery agency.
Recovery agent means a person or entity who provides recovery information for storage services;
Recovery agent means any individual, other than an attorney or law enforcement officer, utilized by a professional bail bond company, professional surety company, professional bail bondsman, or professional surety to apprehend a defendant who was released on bail and who violated the terms of his or her bail.
Recovery agent means an individual who is licensed as a recovery agent under
Recovery agent means the Determination Agent or such other dealer in the relevant market of the type of Underlying Assets that are subject to a Recovery Process as may be selected, for as long as 100 per cent. of the Outstanding Principal Amount of the Notes are held by the Initial Purchaser, by the 100 per cent. Noteholders.
Recovery agent means any individual or agency that, for consideration, advertises as providing or performs repossessions as described below. These individuals and agencies must be licensed.
Recovery agent means any individual, other than an attorney or law enforcement officer, utilized by a professional bail bond company, professional surety company, professional bail bondsman, or professional surety to apprehend a defendant who was released on bail and who failed to appear in court when required.