Author(s)

Xiaoxiang Liu

Corresponding Author

Xiaoxiang Liu

ABSTRACT

Financial institutions and private lenders regard third-party debt collection agencies as the only choice for them to efficiently collect arrears, resulting in many survey companies, business consulting companies, guarantee companies and some retirees from commercial banks joining the debt collection industry. However, the debt collection industry is still in a chaotic and disorderly state of development, with all kinds of illegal or improper vicious collection cases occurring frequently. There are also illegal collection methods such as violence and soft violence organized by third-party debt collection agencies, which are classified as evil forces by judicial organs. In the face of the third-party debt collection approaching industrialization, the best way is to recognize its legitimacy and draw appropriate behavioral boundaries for it. Under this background, it is undoubtedly of great theoretical significance and practical value to systematically discuss the legal regulation of third-party debt collection. This paper analyzes the legal problems of improper debt collection behavior, and puts forward some suggestions on how to standardize the debt collection behavior in the financial field.

KEYWORDS

Financial institutions; Debt collection; Legal question