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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Best Places to Work in Collections Winner Faces Uncertainty in Sector
22 December 2010
A Large Debt Collection Agency Returns to its Family Roots
22 December 2010
National Recovery Agency Helps those in Need this Holiday Season
22 December 2010
The Worst Case Scenario for Third Party Collections
20 December 2010
Collection Agency Adopts Families for the Holidays
20 December 2010
Executive Changes: National Creditors Connection Announces Two New Sales Execs
20 December 2010
State to Require Collectors to Give More Disclosure on Time-Barred Debt
17 December 2010
Winner Named in Best Collection Floor Games Contest
17 December 2010
Collection Agency Continues Successful Charity Program
17 December 2010
Best Places to Work in Collections Winner Traces Success to Inception
16 December 2010
Intrum Justitia Completes Acquisition of Aktiv Kapital's Nordic Debt Collection Operations
16 December 2010
ParkTrak Merges with Nationwide Debt Recovery Service, Inc.
16 December 2010
Central Credit Services Completes ISO Certification
15 December 2010
Best Places to Work in Collections Winner Emphasizes Community Involvement
14 December 2010
ARM Liquidation Improves for First Time in Three Years
13 December 2010
How to Stretch Your Incentive Budget in These Challenging Times
13 December 2010
ARM Firms Beacon Financial and Estate Recoveries, Inc. Announce Merger
10 December 2010
FirstPoint Employees Happy to be Big Losers in Weight Watchers at Work Program
10 December 2010
Winners and Rankings Announced for the Best Places to Work in Collections 2010
9 December 2010
Executive Change: Mark Prince to FirstPoint Collection Resources as SVP and COO
9 December 2010