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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Executive Change: JH Capital Group and Credit Control Name Nathan Sturycz Chief Compliance Officer
31 January 2013
Legal Headaches of Check By Phone Payments in Debt Collection
31 January 2013
FTC Releases Large Multi-Year Debt Buying Study
30 January 2013
Account Control Technology to Expand to Dallas, Texas
30 January 2013
Value Healthcare Services Announces First Company Dedicated to Healthcare Bankruptcy Receivables
30 January 2013
Mike Ginsberg's ABCs of ARM
29 January 2013
insideARM.com Executive Change: Jennifer Szumiesz Promoted to Director of Client Marketing
29 January 2013
Phillips & Cohen Associates Announces International Expansion Plans
29 January 2013
FBCS, Inc. Opens Second Call Center Location
29 January 2013
ARM Industry Urges Supreme Court to Hear FDCPA Case on Fees
28 January 2013
CBE Group Improves Response Time, Performance, Collection Revenue with SAS
28 January 2013
Northland Group Selects Castel Detect for Voice and Speech Analysis Solution
25 January 2013
Green Tree Credit Solutions Increases Collection Rate by 25 Percent Using Latitude Software
25 January 2013
Executive Changes: Array Services Names New Group EVP and VP for J.C. Christensen
25 January 2013
Social Media is Next Horizon in Debt Collection Regulation
24 January 2013
Debt Collectors Help Gold Star Military Mom Keep Family Home
24 January 2013
EOS Acquires Banco Popular Debt Collection Unit for $180 million
24 January 2013
Monarch Recovery Management, Inc. Publishes Whitepaper on Debt Collection Agency Compliance
24 January 2013
Full Results for ED Debt Collection Contract - Q4 2012
23 January 2013
Debt Collectors Causing Spike in UK Suicides: Report
23 January 2013