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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Registration Open for Final Installment in ARM Executive Leadership Series
8 January 2015
National Recovery Solutions Deploys Virtual Negotiation Technology and BillingTree to Increase Settlements and Improve Customer Satisfaction
8 January 2015
insideARM Announces Debt Collection Veteran Tim Bauer as President
7 January 2015
Is 2015 the Year of the Acquisition?
7 January 2015
Executive Change: Tony Pampena Joins National Credit Recovery Inc. as President
7 January 2015
American Red Cross Receives $50,000 Donation From PRA Group to Support Disaster Relief
7 January 2015
Tim Bauer: The Decision
7 January 2015
High Percentage of ARM Lawsuits Start Online
6 January 2015
New Year, New Debt Collection Laws and Regulations Take Effect
5 January 2015
National Debt Collection Agency MRS BPO Partners with American Capital Recovery
5 January 2015
Summit Account Resolution Adopts Nursing Home Residents for Christmas
5 January 2015
Executive Change: Kim Berrington to F.H. Cann and Associates
5 January 2015
Court Allows FDCPA Suit Where Assignment of Judgment Failed to List Current Balance of Debt
24 December 2014
Executive Change: Christopher Rezendes to Windham Professionals as Chief Sales and Marketing Officer
24 December 2014
UK Launches $35 billion Debt Collection Project Headed by Equifax's TDX Group
23 December 2014
American Profit Recovery Adopts Three Families for Holidays
23 December 2014
The CMI Group - Commitment to Holiday Giving
22 December 2014
Mike Ginsberg to Speak at the ACA of Texas' 67th Annual Conference and Exposition
22 December 2014
CFPB and State AGs Settle with Retailer Over Debt Collection Practices Against Servicemembers
19 December 2014
Debt Collection Agency Launches Website to Help Debtors Get Skinny and Debt Free
19 December 2014
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