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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Credit Control, LLC Completes Acquisition of PRS
17 July 2015
CFPB's First Monthly Complaints Report Could Use More Context
16 July 2015
Multiple Groups Hop on the Bandwagon, Filing Suit In Multiple Courts For TCPA Ruling
16 July 2015
Idaho Collection Agency Licensee Changes Must Be Updated Within 30 Days
16 July 2015
Connecticut Now Requires Use of NMLS for Licensing Consumer Collection Agencies
16 July 2015
Acumen & ComplyARM Partner to Add Licensing to Dashboard Compliance Management System
16 July 2015
Texas-Based Commerical Debt Collector Faces Penalty and Consent Order From Minnesota
15 July 2015
Decoding the Order in CFPB v. Hanna
15 July 2015
Federal Court Paves Way For CFPB To Pursue Enforcement Action Against Hanna
15 July 2015
Judge Issues Order Denying Defendant’s Motion to Dismiss in CFPB v. Hanna Debt Collection Litigation
14 July 2015
PayPal Tries To Get User Agreement Right Under New TCPA Ruling
14 July 2015
Regional Compliance Meetings Offer Guidance, Problem-Solving, and Strategizing
14 July 2015
Two TCPA Webinars This Week Offer Clarity, Insight to Shifting Compliance Concerns
13 July 2015
FCC Releases Long-Awaited TCPA Ruling And Order
11 July 2015
New York Court of Appeals Reverses Lower Court Decision and Upholds Local Law 15
10 July 2015
Consumer Relations Consortium Welcomes Frost-Arnett and General Service Bureau
10 July 2015
Chase Debt Collection Enforcement Action: Breaking Down the Numbers, And Regulator Commentary
9 July 2015
Court Order Shuts Down Med-Rev Recoveries For Failing To Abide By Terms Of Prior Agreement
9 July 2015
Time Warner Cable Slapped by Judge in Hard to Believe TCPA Case
9 July 2015
ConServe – Helping To Give The Gift Of Life In Western New York
9 July 2015