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: Scott Beaupré to Northland Group as VP of Business Development
23 May 2012
Collection Industry Donors Pay Off Veteran's Federal Student Loan through ARMing Heroes
23 May 2012
The Collection Equation: Seven Tips for Effective Debt Collection
22 May 2012
Executive Change: FMA Alliance and RCP-Revenue Cycle Professionals Add Business Development Director
22 May 2012
Collection Agency Supports Police Athletics/Activities League
22 May 2012
Collection Agency Southwest Credit Opens New Office in Colorado
21 May 2012
Creditors Interchange Highlights Charitable Giving
21 May 2012
State Supreme Court Dismisses AG Suit Against Collection Law Firm...Again
18 May 2012
To Collect from Students, You Need to Connect with Students
18 May 2012
I.C. System Assists in Passing Third Party Collector Licensing Bill in Minnesota
18 May 2012
Real Bill Bartmann Visits N.C. & Other Non-Breaking News
18 May 2012
No no no: Huffington Post Super Wrong About Collection Agency Story
17 May 2012
Every Contact an Opportunity: An Introduction
16 May 2012
Are Debt Collector Phone Messages Illegal?
16 May 2012
ARM Industry Helps Veteran Hear Again
16 May 2012
Bloomberg Still Hates Student Loan Collectors
16 May 2012
Arizona Passes Bill Helpful to Collection Agencies
15 May 2012
B2B Debt Collection Placements Dropped in First Quarter
15 May 2012
Accretive Responds to Attorney General, Al Franken
14 May 2012
DANTOM Sponsors Webinar Series on Maximizing Debt Collection Communication
14 May 2012