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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FDCPA Class Action to Advance; Letter Language Positioning in Question
11 April 2014
How to Maximize Collections with TCPA Compliance: Best Practices for Agencies and Creditors
11 April 2014
Over 60 ConServe Employees Participate in Blood Drive Supporting Untys and the Red Cross
11 April 2014
Payday Lenders Gaining Share of Debt Collection Complaints
10 April 2014
ARM Vets Charity Helps Single Dad Provide for His Daughters
10 April 2014
More Consumers Complain About Wrongful Debt Collection Attempts in Q1
9 April 2014
How Do You Tell Your Staff You Are Selling Your Business? The Better Question Might Be When Do You Tell Them?
9 April 2014
Consumer Delinquencies Fall in Most Debt Categories in Fourth Quarter
9 April 2014
UK ARM Firm Lowell Group Creates 60 New Jobs, Moves to Bigger Offices
9 April 2014
Kaulkin Ginsberg's Spring Research Fellows Program in Full Swing
9 April 2014
Lessons Learned from Massive Debt Collection Scam Two Years On
8 April 2014
Ceannate Corp Submits Joint TCPA Comments to FCC with Student Loan Groups
8 April 2014
Is a Debt Collection Appointment Sparking a Political Scandal?
7 April 2014
Up to 400 New Jobs Coming to Portfolio Recovery Associates UK
7 April 2014
Debt Collectors Settle with FTC for $3.3 million, Permanent Ban from Collecting
4 April 2014
United Recovery Systems Acquires Array Services Group
4 April 2014
CBE Companies Acquires Nelson, Watson & Associates
4 April 2014
State AG Settles with Auto Title Lender Over Collection Practices
4 April 2014
InterSystems Honors Ontario Systems for Easing Regulatory Compliance in Collection Industry
3 April 2014
Collector Prevails in FDCPA Suit Claiming Business Debt was Consumer-Related
2 April 2014