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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Intrum Justitia to Shut Down Operations in Latvia and Lithuania
19 December 2011
Credit Bureau of Canada Collections Acquires Recovercorp
19 December 2011
Debt Collector Strategies for Responding to a Consumer Attorney
16 December 2011
ACA Board of Directors Approves New Governance Structure
16 December 2011
Empereon Marketing Launches Re-Designed Website Introducing New Corporate Image
16 December 2011
I.C. System Collects a Ton for the White Bear Area Food Shelf
15 December 2011
NCO Group Announces Cancellation of Notes Offering, Tender Offering and Consent Solicitations
15 December 2011
Best Places to Work in Collections Winner: One Year, 11 New Employees, Amazing Success
14 December 2011
Persolvo Data Systems Launches Next Generation System Designed to Locate, Analyze and Settle Consumer Debt Accounts
14 December 2011
Acumen Insurance Services Expands Advisory Board With Addition of Two Leading ARM Executives
14 December 2011
Collection Agency to Give Away Holiday Celebration Money
13 December 2011
Are We Out of the Economic Woods? Not Quite Yet
12 December 2011
Executive Change: Account Control Technology Announces New COO
12 December 2011
Collection Agency Merchants & Medical Credit Corp. Makes Donation to Area Charity
12 December 2011
Harvest Strategy Group Announces New Board Member
12 December 2011
Preventable Collections Lawsuits: What Does the Future Hold?
9 December 2011
Collection Agency Raises Over $12,000 for Making Strides Against Breast Cancer
8 December 2011
Executive Change: Michael Rogers to Integral Recoveries, Inc. as National Sales Manager
8 December 2011
Best Places to Work in Collections Winner: Third Time and Going Strong
7 December 2011
ARMing Heroes Recognizes Top Donors
7 December 2011