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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FTC Gets Another Ruling Against Payday Lender in Debt Collection/Lending Case
4 June 2014
Doing Something Practical to Beat Compliance Challenges
4 June 2014
Executive Change: Account Control Technology Welcomes Kim Massey as VP of Business Development
4 June 2014
New Xtend Healthcare Service Center Pushes Company’s Hendersonville Employees over 600
4 June 2014
Executive Change: Doug Hendrickson to Enterprise Recovery Systems as Director
3 June 2014
Bill Bartmann Wants Nonprofits to Compete with Debt Collectors
3 June 2014
LiveVox Presents Part II of "A Fireside Chat" With CFPB Examination Consultant, Joe Adams
3 June 2014
Healthcare Receivables Experts Examine the Healthcare Marketplace
3 June 2014
FTC's Recent Enforcement Action Sets New Debt Collection Standards
2 June 2014
Developing Trends in ARM Will Influence Mergers and Acquisition Activity in the Second Half of 2014
2 June 2014
Executive Change: SquareTwo Financial Names Julie Fellows Chief Compliance Officer
2 June 2014
FTC in $5.5 million Debt Collection Settlement with Auto Lender/ARM Firm
30 May 2014
FDCPA Lawsuits on Track for Third Straight Year of Declines
29 May 2014
Account Control Technology Donates $5,000 to Project Graduation - San Angelo
29 May 2014
ACA International Education Foundation's Collectors Challenge Month a Success
29 May 2014
Collectors are Watching the CFPB on Time-Barred Debt
29 May 2014
WebRecon Partners with Ontario Systems, Offering Litigious Consumer Scrubs to Customers
28 May 2014
Why the CFPB's Position on Time-Barred Debt is Bad for Consumers
27 May 2014
Technology Perspective: Understanding Debt Collection Laws in Your Home State
27 May 2014
CBE Companies Announces Formation of LocateSmarter
27 May 2014