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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Massachusetts Set to Overrule Past Foreclosures; Harbinger for ARM Industry?
25 October 2011
Northland Group Lands Top Honors at 2011 Debt Connection Symposium
25 October 2011
Weekly Wrap-Up Podcast - Week of October 17
22 October 2011
Regulator Praises Turnaround at Collection Agency it Targeted
21 October 2011
State Agency Publishes New Rules for Debt Collectors
20 October 2011
Executive Change: John O'Shea to Viking Collection Service as President
20 October 2011
Student Loans: The ARM Industry's New Oil Well?
20 October 2011
Student Loan Debt Actually Will Top One Trillion. As in Dollars.
20 October 2011
That's Not a Miracle, That's an Overdraft
19 October 2011
Missing an Opportunity to Take Advantage of the Recession?
19 October 2011
The Most Overlooked Collection Letter Violation
19 October 2011
Protester Believes He Was Thwarted By Judge in Arbitration Talks with Collection Agency
19 October 2011
Four New Countries Added to Latest Edition of Atradius' International Debt Collection Handbook
18 October 2011
ACA International Proposes Major Changes to Governance Structure
18 October 2011
Collection Agency to Exhibit at Large Green Industry Trade Show
18 October 2011
J.C. Christensen & Associates Recognized by Resurgent Capital Services for Performance Excellence
18 October 2011
FDCPA Lawsuits Soar in Second Half of September
17 October 2011
Former President of Scam Collection Agency Files for Personal Bankruptcy, Pleads Fifth
17 October 2011
Patrick Carroll, Chairman of Nationwide Credit Inc., to Retire
17 October 2011
Executive Change: Scott Beaupré to CACi as SVP of Biz Dev
17 October 2011