Addisson Rockwell Co-In this era, there is a horde of rules that oversee the debt collection drive, and well-informed patrons won’t waiver to sue if their privileges are violated. Debt collection companies comprehend this, which is why they are well versed in these decrees. Third-party agencies are familiar with both federal collection laws and the laws that manage the state in which the agency holds a license. Permitting a debt collection agency to retrieve outstanding debts on your behalf annihilates the lawful risks concerned with attempting to collect debts on your own.