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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State AGs Miss the Mark on Business Records in FDCPA Rulemaking Comments
26 August 2014
Credit Management Company and Coding Concepts Form Partnership to Enhance Healthcare Revenue Cycle Services
26 August 2014
Phillips & Cohen Associates Ranked as the Best Mid-sized Employer in Delaware
26 August 2014
How Bad Plaintiff Behavior Turned a Winning FDCPA Case into a Massive Defeat
25 August 2014
Consumer Relations Consortium Proudly Sponsors Consumer Action Awards Event
25 August 2014
NACS Celebrates Seventh Office with Ribbon Cutting Ceremony
25 August 2014
Oversight of Third Parties: The Challenge Ahead
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After Slight Rise in July, FDCPA Lawsuits Still Down Overall for 2014; TCPA Claims Increase
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Enterprise Recovery Systems Announces School Supply Donation
22 August 2014
ARM Law Firm Deal: Firsel Law Group Acquires The Law Offices of Ross Gelfand
22 August 2014
FTC Joins CFPB in Filing Amicus Brief in Debt Collection Case
21 August 2014
Former Debt Collector Sentenced to 15 Years in Federal Prison
21 August 2014
Mazume Solutions Launches New Managed Services Offering for the Credit and Collection Industry
21 August 2014
Free Webinar Highlights Speech Analytics Solutions for Collections
21 August 2014
New FDCPA Requirement for Debt Verification: Is There More to the Story?
20 August 2014
Stoneleigh Recovery Associates Acquires R&B Collections, Inc
20 August 2014
Q3 Webinar Date Set for Latest in Leadership Series for ARM Executives
20 August 2014
ARMing Heroes Awards Emergency Grants to Struggling Military Families
20 August 2014
Stellar Recovery CEO Garrett Schanck Recognized as 2014 Ultimate CEO
20 August 2014
Business Group Led by Former Governor Opens Battle Over CFPB Complaints
19 August 2014
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