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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Third Party Debt Collection Accounts Fall in Q3
28 November 2012
Debt Collection Complaint Picture Not Likely to Improve Under CFPB
27 November 2012
Account Control Technology Donates $22,676 for Breast Cancer Research
27 November 2012
Executive Change: Lance Phair named EVP, Global Recovery Strategy for Phillips & Cohen
27 November 2012
POLL: How is 2012 Looking?
27 November 2012
A Whale of a Thanksgiving
26 November 2012
Optio Solutions and CrossCheck Donate 89 Turkeys for Thanksgiving Food Program
26 November 2012
How Collection Agencies Can Best Manage Debtor Phone Numbers - Part 2
21 November 2012
In Which the Staff of insideARM.com is VERY Thankful
21 November 2012
Mackenzie Hall Wins U.K. Consumer Debt Collections Agency of the Year Award
20 November 2012
Executive Change: Jason Finagan to Mercantile Adjustment Bureau as Site Leader
20 November 2012
Sandy Changes Focus of Nudelman, Klemm & Golub Food Drive
19 November 2012
CFPB Supervision: Small Collection Agencies May be Examined
19 November 2012
Executive Change: Coface Collections Promotes Cliff Sanders to EVP, Business Development
19 November 2012
Changes on the Horizon for Healthcare Debt Collectors
16 November 2012
STA International Increases Staff by 23% as Demand for Debt Collection Grows
16 November 2012
Executive Change: Southwest Credit Welcomes Felicia Shade to its Executive Management Team
15 November 2012
Negotiating the Nightmare of "You'll Get Paid When We Get Paid!"
15 November 2012
Appeals Court Upholds Ruling for Debt Collector in FDCPA-TCPA Case
15 November 2012
"Dynamic" School Supply Drive a Success for ARM Firm
14 November 2012