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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Capio Partners Chairman Jim Richards Named President-Elect of ACA International
1 August 2014
Louisiana Looking for Collection Agencies to Work for New State Office
1 August 2014
Capital One and Three ARM Firms Agree to $75 million TCPA Settlement
31 July 2014
What the Showtime Rotisserie Slogan Can Teach Us about Marketing
31 July 2014
Executive Change: Coast Professional Announces David Den Houten as Chief Compliance Officer
31 July 2014
Executive Change: Account Control Technology Welcomes Valerie LaBarba as Director of Project Management
31 July 2014
MyGovWatch.com Makes Federal Debt Collection Report Available
30 July 2014
More than 35 Percent of American Adults are Currently in Collections: Report
29 July 2014
Executive Change: Mark Savoie to Stoneleigh Recovery Associates as VP
29 July 2014
Debt Collection Becoming an Actual Issue in Hot State AG Election
28 July 2014
European ARM Giant Lindorff Acquires Collection Unit of Spanish Bank
28 July 2014
Executive Change: Michael Chamberlain Joins Allied Collection Services as EVP
28 July 2014
A Lot Going on at JJL Process
28 July 2014
Washington Lawsuit Scrutinizes Use of Prosecutor's Seal on Debt Collection Letters
25 July 2014
ACA International Announces 2014-2015 Board of Directors and Officers
24 July 2014
Debt Collectors Seemingly Split on the Question of Calling Cell Phones
24 July 2014
New York Court Halts Debt Collector’s Operations, Freezes Assets
24 July 2014
Present Capacity and Effective Consent: Two Parts of a Compelling TCPA Panel at ACA
23 July 2014
Ohio AG Accused of Giving Debt Collection Contracts to Donors
23 July 2014
Compliance Professionals in the Debt Industry Need Allies
23 July 2014