debt recovery
noun[U]
ukusFINANCE
theprocessof makingpeopleorcompaniespaythemoneythat theyoweto otherpeopleorcompanies, when they have notpaidback thedebtat thetimethat wasarranged:
Whenproblemsarise,professionaldebtrecoveryhasprovedto be aneffectiveway ofregaininglostmoney.