§58-70-90. Definitions  


Latest version.
  • As used in this Part, the following terms have the meanings specified:

    (1)        "Collection agency" means a collection agency as defined in G.S. 58-70-15 which engages, directly or indirectly, in debt collection from a consumer.

    (2)        "Consumer" means an individual, aggregation of individuals, corporation, company, association, or partnership that has incurred a debt or alleged debt.

    (3)        "Debt" means any obligation owed or due or alleged to be owed or due from a consumer.

(1961, c. 782; 1971, c. 814, ss. 1-3; 1979, c. 835.)