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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New Academic Paper Urges CFPB to Carefully Consider Impact of Potential New Debt Collection Regulations
30 September 2015
Three Take Aways From the Dallas Debt Collection Dialogue
30 September 2015
DBA International Commends George Mason University for Report on the Law and Economics of Consumer Debt Collection and its Regulation
30 September 2015
Winners Announced in insideARM Best Places to Work in Collections for 2015
29 September 2015
CBE's Mike Frost to Serve on FTC Panel
28 September 2015
Encore Capital Group Acquires Controlling Stake in Baycorp
28 September 2015
United Debt Holding Selected to Receive 2015 Best of Business Award in Castle Rock, CO
28 September 2015
Suze Orman on Today Advises Against Income-Based Student Loan Repayment Plans
25 September 2015
CFPB to Hold Field Hearing on Arbitration; Announcement Expected
25 September 2015
Three Ways Data Offers Businesses the Ultimate Insurance Policy
25 September 2015
Five-Time Donors Eastern Revenue and American Profit Recovery Make it Six for Veterans
25 September 2015
What's Keeping Compliance Professionals Awake? UDAAP, Entrenched Behaviors
24 September 2015
The CMI Group Celebrates 30th Anniversary
24 September 2015
Certain Debt Repair Companies Use and Abuse Debt Validation, Collectors Charge
23 September 2015
No is the New Yes – The Criminal Background Check Predicament
23 September 2015
Stellar Recovery, Inc. Selected as One of Jacksonville Business Journal’s 2015 BizTech Award Honorees.
22 September 2015
Major Changes in ARM
18 September 2015
Technology Helps Mitigate Dialing Risks in Wake of TCPA Consent Order
18 September 2015
GAO Report Finds IRS Management of Collection Process Still Not Living Up to Expectations
17 September 2015
OIG Report on CFPB Consumer Response Highlights Deficiencies, But Exposes Irony
16 September 2015
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