Process serving is basically a term use for legal attendance. This is a type of act in which a set of documents of files associated to a legal action is presented. This is an action taken by one lawsuit through legal notice against the other party. Whereas a collection agency in Melbourne is the organization by which investors or creditors get their funds back from the default account. Both the serving and agency mentioned can be considered in case of law agreements.
Process serving for legal proceedings
This is a common and most initial law proceeding for a case. Process serving means to inform the opposite party or the recipient about the case charged through a legal notice on them. It requires the confirmation by sending the law documents explaining the legal allegations and proceedings to the defendant and its client. This notice is sent by the prosecutor by taking the party in confidence about the further legal proceedings. Process serving is done by well-trained and qualified process servers that connects both the parties and ensure their presence in the administrative court. However, his own presence is not mandatory during the trial. This can be a prosecutor or even an individual who acts neutral in the case interim.
Process serving does not have the same procedure in every country. International process servers are very much a part of the case even when the proceedings are carried on. Even presenting the case papers to other party can either by hand, via fax or e-mails, through social post or first class post. Thus, process serving initiates a case and is mandatory to perform allowing opposition time for the preparation.
Collection agency
This type of company that helps the investors to receive their due money back from the halt accounts is called as collection agency. It can also be referred as credit bureau or debt collectors. They either deal in association with an organization or work independently. Individuals often hire a third party, the collection agency to get the cash after self-made failed attempts. These agencies develop legal route for such agreements rendering them their credits from default accounts. The agency might have money subsidiary department that could help the client resolve their money related issues. They also have to follow some strict protocols regarding of what they are allowed to do and what are their limitations.
Collection agency usually gets such cases from creditor against borrowers that failed to report their cash or loan payments. This is reported by the agency and they work as a middle hand man for clearing their debts or credit problems. Thus, this sort of official help the lenders in the process of debt recovery proves to be very beneficial in resolving the assigned payments.
Conclusion
Process serving is an informative call by the prosecutor or an independent official to the opposition party through legal documents. It maintains a fair legal environment between both the parties even before the case trial begins. Whereas, the collection agency is another third party that helps the creditors to attain their blocked cash from the borrowers. The involvement of governmental officials makes the recovery process easy for the lenders.