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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What Will the Buyer of Your Business Think?
3 November 2014
Consumer Baits Collector to Violate FDCPA, Files Suit
3 November 2014
Challenge to New York City Debt Collection Law Moves to High Court
31 October 2014
Executive Change: MRS BPO Welcome Tim Steele as VP Sales and Marketing
31 October 2014
American Outsourcing Alternatives Gets First Batch of Donor Dog Tags from Vets' Charity
30 October 2014
Atlantic Credit & Finance Raises $61,000 for Boys & Girls Clubs
30 October 2014
CFPB Finds UDAAP and FDCPA Violations in Debt Collection Supervisory Exams
29 October 2014
The Consumer Relations Consortium Welcomes New Members
29 October 2014
Circuit Court Rules Against ARM Firm in Allowable Interest FDCPA Case
28 October 2014
Executive Change: ConServe Appoints Brandon Booker as VP of Operations
28 October 2014
What Makes the TCPA So Popular? Ambiguity
28 October 2014
Republican Senate Majority Would Increase Scrutiny of the CFPB, But Result in Few Changes
27 October 2014
FTC Gets Court to Shut Down Debt Collection Scam Targeting Latinos
24 October 2014
Subprime Auto Collections - A Growth Market for ARM Companies or a Bubble About to Burst?
24 October 2014
Defeat Claims That Your Envelopes Violate the FDCPA
23 October 2014
Are these Marketing Tactics a TRICK or a TREAT?
23 October 2014
Watch the FTC-CFPB Roundtable on Debt Collection & the Latino Community
23 October 2014
FDCPA and TCPA Lawsuits Rise in September
21 October 2014
SKYLINK Group of Companies Announces Acquisition and Corporate Reorganization of Bond Street Collections
20 October 2014
Circuit Court Rules Against Debt Collector in TCPA Decision Supported by FCC Brief
17 October 2014