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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Senators Introduce Medical Debt Relief Act to Address Medical Debt on Credit Reports
1 March 2016
Wisconsin Governor Signs Debt Collection-Friendly Bill
1 March 2016
CFPB Sets Standards for the Debt Collection Industry Through Enforcement: A Look at Hanna
1 March 2016
Five Lakes Agency, Inc. Celebrates 5 Year Anniversary
1 March 2016
Performant Financial Corporation Announces Financial Results for 4th Quarter and Full Year 2015, lowers Revenue Projection for 2016
26 February 2016
Syncom Celebrates 20th Anniversary as National Collection Agency
26 February 2016
PRA Group Reports Fourth Quarter and Full Year 2015 Results, Revenue, Income Fall
26 February 2016
Encore Capital Group Announces Financial Results for Q4 and Full Year 2015
25 February 2016
Wheeler Circulates TCPA Exemption for Fed-Backed Loans
24 February 2016
Unpacking ED’s New PCA Subcontracting Requirements
24 February 2016
Michelle Singletary Offers Balanced Perspective on Houston Student Loan Arrest Case
22 February 2016
In Spite of FCC, 70 Percent of TCPA Decisions in Last 14 Months Positive for Industry
22 February 2016
Court Rules in Favor of Law Firm and Creditor in Four Year Old FDCPA and Bankruptcy Case
19 February 2016
FTC Touts Record of Outreach, Addressing "Troubling Issues" in Debt Collection
18 February 2016
Debt Collectors Flooded with Mass-Produced Requests for Validation
18 February 2016
7th Cir. Rejects FDCPA Allegations Involving Letters Sent to Debtor’s Counsel
17 February 2016
Sixth Circuit Court of Appeals Affirms “Prior Express Consent” Defeats TCPA Claim in Healthcare Collections Case
17 February 2016
Judge Denies Prevailing Party's Motion For Attorney Fees in Clear Cut FDCPA Case
16 February 2016
Department of ED Extends Debt Collection RFP Deadline Again
16 February 2016
Ontario Systems Announces Compliance Professionals Forum Sponsorship for Texas Regional Peer Meeting
12 February 2016
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