The most stringent step in the collection process is
A) collection agencies.
B) personal visits.
C) letters.
D) legal action.

Question

Quizplus · Accepted Answer

Legal action is the most stringent step in the collection process as it involves taking the matter to court and can result in seizure of assets or garnishment of wages. Collection agencies, personal visits, and letters are all earlier stages in the collections process and generally precede legal action.

The Most Stringent Step in the Collection Process Is