Collection Proceedings
/kəˈnɒnɪkəl prəˈsiːdɪŋz/
Definitions
- (n.) Legal actions undertaken to recover a debt owed by a debtor, typically through judicial process.
The creditor initiated collection proceedings after repeated payment defaults.
Forms
- collection proceedings
- collection proceeding
Related terms
See also
Commentary
Collection proceedings specifically involve court-sanctioned methods to enforce debt repayment and should be distinguished from informal collection efforts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.