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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How Healthcare ARM Companies Can Take Advantage of Regional Economic Data
13 August 2015
4 Collection Agencies File Motion to Intervene in Support of Appeals of FCC’s July 10, 2015 Declaratory Ruling
13 August 2015
Citizens Bank Fined by CFPB, FDIC and OCC
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Mike Ginsberg to Speak at the Debt Connection Symposium and Expo 2015
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Executive Change: Stoneleigh Recovery Associates Promotes Ronni Majewski to Vice President of Operations
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Sentry Credit Acquires West Coast Adjusters
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Attorney Insight: The FCC's TCPA Consent Order
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Second Quarter 2015 Earnings for PRA Group Rise Sharply
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Correction: The 1,517 Words That Have Guided First Party Outsourcing for 13 Years
10 August 2015
FTC Announces More Balanced Panel for Next Debt Collection Dialogue
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CFPB Seeks More Information To Support Rulemaking
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Electronic Signatures: A Key Component to Streamline Receivables Efforts
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Increased Regulation is on the Horizon for Healthcare Collections
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Deceased Account Collections Requires A Specialized and Compliance-Based Approach
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Corporations "People" Under FDCPA, Rules Sixth Circuit
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31 July 2015