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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CFPB Issues Compliance Bulletin on Preauthorized Electronic Payments; Oral Recordings Acceptable
25 November 2015
Summary Judgment Granted for Debt Collector in TCPA Case
24 November 2015
Motion Granted For Debt Collector in Envelope Case
20 November 2015
Actions Speak Louder Than Words: FTC Debt Dialogues Come to a Close in Atlanta
19 November 2015
Illinois Bill Provides Welcome Fix to Illinois Collection Agency Act
19 November 2015
Judge Accepts $59 Million Settlement in Sykes vs. Mel S. Harris and Associates, Pending Fairness Hearing
18 November 2015
Consumer And Debt Collector Groups Partner To Help Consumers Avoid Scams
18 November 2015
$95.5 Million Settlement In Second Instance of Massive For-Profit Student Loan Forgiveness This Year
17 November 2015
Getting to Know the Utilities Industry
16 November 2015
Consumer Litigation "Continues to Evolve in Lurches": Your October Debt Collection Stats
13 November 2015
The Supreme Court Takes Another Look at Mootness Following an Offer of Judgment in TCPA Class Litigation
12 November 2015
Big Mistake! Three Compliance Risks Collectors Overlook
12 November 2015
Nine Strategies that Leverage Technology for More Effective Skip-Tracing
11 November 2015
New IACC Survey Asks, "What I Wish My Clients Knew, What I Wish They Told Me"
11 November 2015
LiveVox Discusses Approaches to Optimizing Patient Engagement Strategies in a Changing Insurance Landscape
11 November 2015
Are We Closer to Understanding 'Meaningful Involvement'? Bock v. Pressler & Pressler May Show the Way
11 November 2015
Can the American Action Network Stop the CFPB?
11 November 2015
Performant Earnings Announcement Hits Three Hot Topics
5 November 2015
Will Federal Push to “Ban the Box” Affect Debt Collection Hiring Practices?
5 November 2015
Collectors Calling on Federal Debt May Now Use ATDS to Dial Cell Phones?
5 November 2015