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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Kaulkin Ginsberg Offers Executive Summary on the Healthcare Market
5 January 2016
The Winding Road of Litigation Against Frederick J. Hanna Nears End With CFPB Filing Proposed Consent Order Today; Hanna and NARCA Respond
28 December 2015
Europe's Largest Debt Collector Announces Aggressive Growth Plans
23 December 2015
FTC and CFPB File Amicus Brief in Carmen Franklin v. Parking Revenue Recovery Services, Inc.
21 December 2015
CFPB Fines Payday Lender $10M For Debt Collection Practices
17 December 2015
CFPB Issues Bulletin Warning About Risk of In-Person Collections
17 December 2015
Disabled Veteran Corey Gabler Open for PCA Business Through Steel River Systems
17 December 2015
Finally – New Developments in the ED Debt Collection Services RFP
14 December 2015
Negotiating Client Contracts in the New Regulatory World
10 December 2015
New York AG Investigates T-Mobile’s Advertising and Debt Collection Practices
9 December 2015
CFPB Announces Settlement with Massachusetts Collection Agency
8 December 2015
The IRS: The Biggest Growth Client in 2016?
8 December 2015
Congress and President Obama Order IRS to Use Private Collection Agencies
7 December 2015
Missouri AG Koster Proposes Reforms to Debt-Collection Practices
4 December 2015
Positive Ruling for Debt Collector in Allegedly Deficient Voice Message Case
3 December 2015
insideARM Announces Final Rankings in 2015 Best Places to Work in Collections Program
2 December 2015
Massachusetts Collection Law Firms Are Now ‘Debt Collectors’
1 December 2015
Joint Petitioners File Initial Brief in Consolidated Appeal of FCC’s TCPA Order
30 November 2015
Written Procedures A Major Factor in Ruling Against Collector in FDCPA Bona Fide Error Case
30 November 2015
Easing Of The Chokepoint? FDIC Clarifies That Banks Can Offer Services to Non-Bank Payday Lenders
25 November 2015