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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Accounts in Debt Collection Remain Near All-Time High
26 August 2013
Federal Court Allows Consumers to Curb Robo-Calls from Debt Collectors
23 August 2013
Maryland Attorney Faces 90-Day Suspension Over "Robo-Signing"
23 August 2013
Account Control Technology Honored in the Inc. 5000 for Seventh Year
23 August 2013
CFPB Supervisory Report on Mortgage Servicing Offers Clues to Debt Collectors
22 August 2013
ARM Industry Veteran Does the Right Thing for War Veterans
22 August 2013
Stellar Recovery Named to Florida Fast 100 Finalist List
22 August 2013
ConServe Ranks No. 2971 on the 2013 Inc. 5000 with Three-Year Sales Growth of 115%
22 August 2013
I Want to Sell My Business, but What If Word Gets Out?
21 August 2013
Automated Collection Services Named on Inc. 5000 List of America’s Fastest Growing Private Companies
21 August 2013
When is a Lawyer or Law Firm "Regularly" Collecting Debts Under the FDCPA?
20 August 2013
Professional Credit Service Employees "ReachOut" to St. Vincent de Paul of Lane County
19 August 2013
What Does the Decreasing Unemployment Rate Foretell for Collection Agencies?
16 August 2013
Getting it Almost Right Still Puts Collection Agencies on the Wrong Side of the FDCPA
15 August 2013
insideARM's Comments Section: A User's Guide
15 August 2013
NRA Group, LLC, Named to Central Penn Business Journal’s Top 100 Private Companies
15 August 2013
Monarch Recovery Management Enhances Online Web Payments with BillingTree
15 August 2013
Harnessing the Power of Electronic Communication
15 August 2013
NCB Reports Nearly $600M in Portfolio Acquisitions First Half 2013
14 August 2013
Charge of FDCPA Violation Dropped by Consumer Against Collection Law Firm
14 August 2013