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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MyGovWatch.com Celebrates Freedom of Information Day with Free Promo
16 March 2015
ED Student Loan Debt Collection Contract Mess Moves to the Courts
13 March 2015
TekCollect Conducts Corporate Shelter Drive, Makes Sizeable Donation to Open Shelter of Columbus
13 March 2015
CFPB's Winter Supervisory Report Reveals New Issues in Debt Collector Examinations
12 March 2015
What Does Everyone Think of the Student Loan Collection Sector Now?
12 March 2015
Executive Change: Maureen Peterson Named President of CEANNATE Corp
12 March 2015
TCPA Plaintiffs Skipping ARM Firms for Claims, Shifting Liability to Creditors/Originators
11 March 2015
NGM to Offer Staffing Agency Model for Outsourced RFP Writing
11 March 2015
The Power of Association
10 March 2015
Performing an Enterprise Valuation Before an Acquisition
9 March 2015
Southwest Credit Systems is Now SWC Group
9 March 2015
Alorica Completes Acquisition of West Corporation's Agent Services Businesses, Including ARM
5 March 2015
Circuit Court Rejects FDCPA Claim Based on Alleged Invalid Proof of Claim
4 March 2015
Kentucky Higher Education Student Loan Corporation Issues RFP for Collection Services
4 March 2015
Executive Changes: Caine & Weiner Announces New CFO and C-Level Appointments
4 March 2015
Executive Change: Convergent Hires James Hawkins as SVP, Patient Contact Center
4 March 2015
The Impact of CFPB's UDAAP Authority on Creditors and First Party Debt Collectors
4 March 2015
Alliance Collection Service, Inc. Celebrates 20 Years
3 March 2015
Navient Acquires Government Collection Firm Gila/Municipal Services Bureau
2 March 2015
KM2 Solutions Adds Major Telecommunication and Internet Services Client to KM2 Honduras Call Center
2 March 2015