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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Sixth Circuit Broadens FDCPA Verification Requirements for Debt Collectors
23 July 2014
Debt Collector Opens Its Doors to ABC World News with Diane Sawyer
23 July 2014
Webinar Examines Opportunities Within Student Loan Market
22 July 2014
CFPB Debuts Slightly Clunky Portal for Debt Settlement Complaints
22 July 2014
Debt Industry Responds to New York's New Rules for Collectors, Buyers
22 July 2014
Stellar Recovery, Inc. Named to 50 Fastest Growing Companies in Northeast FL at No. 45
22 July 2014
DialConnection announces investment by Potomac Equity Partners
22 July 2014
Policy Preparedness: A CFPB Focus for Compliance Management
21 July 2014
Happy Fourth Birthday, CFPB!
21 July 2014
Utah-based Collection Agency Celebrates First Anniversary
21 July 2014
Big Bank Regulators Propose New Supervision Model
18 July 2014
New Whitepaper Reveals Three Strategies to Shrink Bad Debt
18 July 2014
TCPA Victory May Expand Scope of Vicarious Liability Claims
18 July 2014
CFPB Takes Direct Aim at Policing Legal Profession
18 July 2014
Can Debt Collectors Legally Charge Interest?
17 July 2014
Consumer Narratives Coming Soon to CFPB Complaint Database
17 July 2014
Where are the Collection Opportunities in Coming Years?
17 July 2014
Consumers Claiming Debt Isn't Theirs On the Rise
17 July 2014
New York Regulator Proposes Debt Collection Rules Based on Previous Comments
16 July 2014
FTC and CFPB to Host Roundtable on Debt Collection and the Latino Community
16 July 2014
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