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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Executive Change: Northland Group Welcomes Robert Schofield as EVP
14 January 2014
Executive Changes: ABC-Amega Announces Staff Promotions and Operations Leadership Changes
14 January 2014
CFPB Extends Deadline for Comments on its Debt Collection Rulemaking Proposal
14 January 2014
AIC Manila Celebrates One Year Anniversary
13 January 2014
New York Times Explores CFPB’s Next Moves, Including Debt Collection
13 January 2014
Delta Management Associates Donates more than $50,000 to Charity through 2013
13 January 2014
California Judge Pushes Forward Consolidated TCPA Action Against Debt Buyer
10 January 2014
State AG Sues Another Debt Buyer Over DDA Account Collection
9 January 2014
J&L Collection Services Announces New Office in California
8 January 2014
California Lawsuit over Chase's Debt Collection Practices is Still On
8 January 2014
Is it Time to Adjust Budgets and Forecasts?
7 January 2014
ConServe Supports Local Charities Over the Holiday Season
7 January 2014
insideARM.com Launches Debt Collector-Focused FDCPA Resources Page
6 January 2014
Mercantile Adjustment Bureau Acquires Collection Agency Creditors Financial Group
6 January 2014
Get Insight Into Hiring the Best Collector Talent (Before Your Competition Beats You to It)
6 January 2014
CFPB Debt Collection Questions Draw Thousand of Comments
6 January 2014
Appeals Court Rules Against ARM Firm in Collection Fee FDCPA Suit
3 January 2014
Columbia Ultimate 2013 Year in Review
3 January 2014
Executive Change: The CMI Group Hires Jim Lynch as Director of Collections
3 January 2014
UDAAP Crackdown Should Keep Collection Agencies Alert
3 January 2014