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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Judge Rules that Government Debt is Covered by FDCPA, Forcing Collection Agency to Defend
18 December 2014
Complaints About Medical Debt Collection On the Rise
17 December 2014
Winners and Rankings Announced in 2014 Best Places to Work in Collections
17 December 2014
Executive Change: ABC-Amega Hires Paul Parisse as VP of Global Operations
17 December 2014
HS Financial Group Becomes DBA International Certified Debt Buyer/Third Party Collection Agency
17 December 2014
Foti Out? Zortman In? What's Up With Voicemail Messaging?
16 December 2014
Anonymous Good Samaritan Registers ARMing Heroes for AmazonSmile Program
16 December 2014
Outbound Collection Communications: Meeting FDCPA, CFPB and TCPA Requirements
16 December 2014
CFPB Addresses Medical Debt Collection, Mandates Tighter Policing of Credit Report Furnishers
11 December 2014
New York Debt Regulations Create Chaos
10 December 2014
Florida AG Warns Against Debt Collection Scams
9 December 2014
Executive Change: Melinda Siler Returns to Universal Fidelity Executive Team
9 December 2014
CBE Gives Back to the Community
9 December 2014
Developments in 1099-C Case Against BofA Should be Closely Watched by ARM Firms
8 December 2014
New Year's Resolutions for Your Marketing
8 December 2014
DBA International Recommendations Incorporated in New York's Final Debt Collection Rules
4 December 2014
Canadian Collection Agency for Sale - Owner Retiring After 25 Years in the Business
4 December 2014
Phillips & Cohen Associates UK Awarded Government Standard
4 December 2014
Buffalo Collection Agency Owner Elected Commercial Collection Industry Strategic Alliance Committee Chair
3 December 2014
UK ARM Firm Lowell Group Achieves Award for 'Exceptional' Customer Service
3 December 2014