A commercial collection agency is usually hired after a corporation has made multiple attempts to accumulate its receivables. Some Commercial collection agency will actually pick the debts from the bank at a discount, in which case the collection agency receives the entire amount of whatsoever owed funds it manages to accumulate. There are various kinds of commercial collection agency. First-party agencies tend to be subsidiaries of the original company the debts is owed to be able to. Third-party agencies usually are separate companies contracted by a company to collect debts for charge. Debt buyers pick the debt at a percentage of its benefit, then attempt to accumulate it.