Collections refer to the process of pursuing and collecting unpaid debts or past-due payments owed by individuals or businesses.

Collections can be conducted by creditors or third-party collection agencies who are authorized to act on behalf of the creditor to recover the debt.

The collections process typically involves a series of communications and efforts to contact the debtor, including phone calls, letters, and other forms of correspondence.

If the debtor fails to make the payment or resolve the debt, the collections agency or creditor may take legal action, such as filing a lawsuit or obtaining a judgment against the debtor.

Collections can have significant impacts on credit ratings, financial stability, and legal rights, and should be handled carefully and with the guidance of a qualified attorney or financial advisor.