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.
Filter by Location
Dept. of Education Slashes Commissions for Private Debt Collection Contractors
19 March 2013
UK Tax Agency Increases Use of Private Debt Collectors
19 March 2013
How About a Partnership with Fellow CFPB Supervisees from Other Industries?
19 March 2013
FBCS Partners with Agility Recovery Services on Disaster Recovery Plan
19 March 2013
CFPB Leader Calls Debt Collector Examinations Preventive Rather than Reactive
18 March 2013
New York State Debt Collection Laws: I Love New York
18 March 2013
Executive Change: Stephan Ohlmeyer to Intrum Justitia as Director of Purchased Debt
18 March 2013
Are Recent UK ARM Acquisitions Isolated Events or Trend Setters?
15 March 2013
I.C. System Recognized for Charitable Efforts Aiding Military Veterans
15 March 2013
Debt Collector Loses FDCPA Appeal on Letter Language
14 March 2013
Commercial Collection Accounts Increased Slightly in 2012
14 March 2013
RMB Inc. Announces Merger with Rubin & Raine
14 March 2013
Empereon-Constar Celebrates Its First Fifteen Years
14 March 2013
SCRA Compliance is Not Optional for Debt Collectors
13 March 2013
Nebraska Debt Collection Laws: Possibilities...Endless
13 March 2013
Account Control Technology San Angelo Office Contributes $2,118 to Regional Food Bank
13 March 2013
Executive Change: Randy Tempest Promoted to Senior Director at Receivables Management Partners
13 March 2013
ACA: Debt Collectors Continue to be National Leaders in Resolving Consumer Complaints
12 March 2013
Debt Collector ConServe Adding 100 Jobs Over Next Year
11 March 2013
Less than 50% of Debt Collection Complaints Easily Verified
11 March 2013