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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Changes to the FDCPA That Will Redefine Debt Collection

20 November 2013

Outsourcing RFP Responses Yields $100 Million to Collection Agencies

20 November 2013

Judge Tosses TCPA Claims Against Collector; Sign of Progress?

19 November 2013

Young Association in Canada Gains Traction

19 November 2013

Executive Change: FAMS Announces Alan Hook as VP of Sales and Marketing

19 November 2013

Vital Solutions, Inc. Presents Updated Website

19 November 2013

Debt Buyer Gets Mixed Result in State Supreme Court Appeal Against AG

18 November 2013

"Double-Dipping" CFPB Shakes Debt Collection Complaints Landscape

18 November 2013

Number of Third Party Debt Collection Accounts Plummets, But Balances Rise

15 November 2013

Appeals Court Places Debt Collection Liabilities Under FDCPA on Creditor

14 November 2013

New Regulations in UK Will Hurt Debt Collection Success, FICO Survey Finds

14 November 2013

CFPB Director Cordray: Debt Collection Information is a Top Concern

13 November 2013

CBE Companies to Add 400 New Jobs in Iowa

13 November 2013

Advanced CMS Technology Empowers Organization to Co-Launch Related Websites

13 November 2013

Portfolio Recovery Associates Expands Its Headquarters to Accommodate Continued Business Growth

13 November 2013

How Are Debt Collectors Handling Complaints?

12 November 2013

Start the Customer Experience Collections Strategies Revolution

12 November 2013

Executive Change: Tim Webb Global Sales Director of Phillips & Cohen Associates

12 November 2013

Executive Change: Trey Lundt to RGS Financial as VP of Commercial Sales

12 November 2013

Bankruptcy FDCPA Case Dismissal Upheld on Appeal

11 November 2013