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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MyGovWatch.com Exceeds $50B in Gov’t & Student Loan RFPs
29 May 2013
Former NCO Head Gets Back into Debt Collection
28 May 2013
Debt Buyer/Collection Bill Passes California Senate
28 May 2013
Collection Agency Urges Sensitivity for Oklahoma Tornado Victims
24 May 2013
Debt Collectors Face Six Figure Fines in New York City: Is Your Agency Next?
23 May 2013
ARMing Heroes Bestows Inaugural Award on Coast Professional for Support of Veterans
23 May 2013
Commercial Collection Professionals Can Expect Collaboration and Education at IACC's Annual Mid-Year Conference
23 May 2013
Value Healthcare Services CEO Ezra Zucker to Speak at Keystone AAHAM on July 18
21 May 2013
Payments to ED Student Loan Debt Collectors May Have Been Inaccurate
21 May 2013
DECA Financial Services, LLC Joins Fishers, IN, Chamber of Commerce
20 May 2013
Florida Federal District Court Disregards FCC’s 2008 Ruling Regarding Consent
20 May 2013
Debt Collection Bills Advance in Western States
17 May 2013
Another Large UK Debt Collection Deal: Lowell Group Acquires Interlaken Group
16 May 2013
Small Claims Courts are Not Judicial Districts Subject to Section 1692i of FDCPA
16 May 2013
UK ARM Giant Cabot Sold in Private Equity Deal
15 May 2013
Americans with an Account in Third Party Collections Hits All-Time High...Again
15 May 2013
UK Debt Collector Liquidates As Part of NCO Acquisition
14 May 2013
Executive Change: LMM Management Announces Danny Czyrny as New COO and EVP
14 May 2013
Executive Change: CU Recovery Announces Formation of Marketing Department; Hires Jane Ferro to Run
14 May 2013
Whitepaper from Ontario Systems Explains How to Dial Smarter
14 May 2013