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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Collection Agency Compliance: The Hidden Money Maker
19 August 2014
Executive Change: SquareTwo Financial Promotes John Lowe to SVP and CFO
19 August 2014
Circuit Court Upholds Award of Fees for Defendant in an Absolutely Crazy FDCPA Case
18 August 2014
ACA International Submits Comments on New York's Revised Proposed Debt Collection Rule
18 August 2014
Common Ground for Creditors, Collectors and Consumers
18 August 2014
NY AG Settles with ARM Firm Over Payday Loan Debt Collection Suits
15 August 2014
New York Times Takes Unflinching Look at the Secondary Debt Buying Market
15 August 2014
Will Medical Debt Collection Legislation Finally End Up DOA?
15 August 2014
CBE Companies Brings 500 Jobs to New Braunfels
15 August 2014
Average Collection Agency Earnings Decline in 2013
14 August 2014
Executive Changes: FMA Alliance Adds Wealth of Talent & Experience
14 August 2014
Stellar Recovery CEO Garrett Schanck Recognized in the 4th Annual Top 30 Under 30
14 August 2014
FCC Being Urged to Reform TCPA on Numerous Fronts
13 August 2014
State of Idaho Issues Guidance for Licensed Collection Agencies
13 August 2014
The Beauty of a Brand
13 August 2014
ConServe Supports Honor Flight Rochester & Honor Flight Buffalo
13 August 2014
Debt Collection Complaints Remarkably Flat in Second Quarter
12 August 2014
A Culture of Unaccountability Regarding Consumer Debt
12 August 2014
Executive Change: Alan Singer Promoted to SVP and General Counsel at SquareTwo
12 August 2014
Encore Capital Group Buys Collection Agency Atlantic Credit & Finance for Nearly $200 million
8 August 2014