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8.2 Deposition of Representative of Debt Collection Agency (PDF format)1300011 2 3 4 5IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION [CONSUMER], Minnesota resident,
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A major debt collector operating refers to large firms or entities that engage in the collection of debts on behalf of creditors.
Any company or entity that collects debts on a major scale, typically exceeding a certain threshold, is required to file.
Major debt collectors must complete a designated application form provided by regulatory authorities, detailing their operations and financial information.
The purpose of major debt collector operating is to ensure transparency, regulatory compliance, and consumer protection in the debt collection industry.
Major debt collectors must report information such as the total amount of debts collected, number of accounts processed, and compliance with legal standards.
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