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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Targeting Demographics in Debt Collection Communication: The Millennials
23 June 2011
Fire Up the Time Machine
23 June 2011
International ARM Firm EOS Group Expands into Brazil
22 June 2011
Media Receivable Management Celebrates 10-Year Anniversary
22 June 2011
Local Governments in Peril; ARM Industry Could Help
21 June 2011
State AG Goes After Debt Collector for Payday Loans
21 June 2011
Another News Outlet Gets Collection Agencies Wrong
21 June 2011
A Bankruptcy Product with Online Interactivity
21 June 2011
Brown & Joseph Celebrates 15 Years in Business
20 June 2011
A Walk Down Memory Lane: A Fascinating Look at the Collection Industry as it was in 1995
17 June 2011
Can a Debt Collector Legally Use Facebook, Text Messages or Email?
16 June 2011
ARMing Heroes Announces Board Expansion, Call for Nominations
16 June 2011
Discuss the Importance of Teamwork
16 June 2011
Consumer Recovery Associates Partners with Dynamic Recovery Solutions
16 June 2011
Collection Agency Announces 100+ New Jobs at its Daycare Playground Ribbon Cutting Ceremony
15 June 2011
Irish Debt Collection Brawl May Claim Human Leg
15 June 2011
California Association of Collectors Supports Launch of Blueprint for Modernizing Debt Collection
15 June 2011
Collector Commissions, Bonuses and Lining the Pockets of Plaintiff Attorneys
14 June 2011
Group Publishes Whitepaper on Auto Loan Debt Collection
14 June 2011
Australian Debt Collector Cuts Ties with Payday Lenders
14 June 2011