Debt collection refers to the work done to recover balances from credit accounts that are past due. Most commonly, debt collection specifically references third party debt collectors whose clients include banks, credit card issuers and other credit grantors, debt buyers, governments, and any organization that extends credit or owns an account where a balance is due. Collection methods traditionally include phone calls from call center agents, e-mails, and letters, and increasingly, SMS text. If an account remains in arrears after these efforts, the collection agency may contract with a collection attorney to file suit to recover the debt, if the collection agency is not positioned to do so.
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Credence Resource Management Selects Artiva from Ontario Systems for Collection Operations in U.S. and India
1 May 2014
Enrollment Starts now for ARM-U Class of 2014
1 May 2014
"Frequent Filer" FDCPA Cases Defeated With Trifecta of Victories
30 April 2014
Contract Callers, Inc. Joins the Telecommunications Risk Management Association
30 April 2014
RGS Financial, Inc. Supports the March of Dimes
30 April 2014
Executive Change: Del Mar Recovery Solutions Appoints New SVP
30 April 2014
CFPB Seeks Public Comment on Proposed Rules Overhauling Regulation E
29 April 2014
Kohn Law Firm Expands Its Legal Compliance Department
29 April 2014
Recent Enforcement Actions May Provide Guidance on CFPB Positions
29 April 2014
How Can the ARM Industry Reduce Waste?
29 April 2014
States Begin to Use UDAAP Provision in Enforcement Actions
28 April 2014
Sallie Mae to Split-Off Loan Servicing and Debt Collection Unit this Week
28 April 2014
Executive Change: Veldos, LLC Announces Nicole Cummins as Global Head of Compliance
28 April 2014
Kohn Law Firm donates $50,000 to "I Pledge Milwaukee"
28 April 2014
Equifax Receives Civil Investigative Demand from the CFPB for Credit Reporting Issues
25 April 2014
NPR Explores Recent Changes in Medical Debt Collection Practices
25 April 2014
5 Ways to Make a Conference a Success
25 April 2014
State Court of Appeals: Out-of-State Debt Collectors Do Not Need a License
24 April 2014
Executive Change: Charlie Bonner to Alpha Recovery as VP of Business Development
24 April 2014
Senate Bill Targets Credit Furnisher Responsibilities Under FCRA
23 April 2014
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