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: Johnnie Stein to Optio Solutions as Director of Healthcare Division
9 December 2010
Executive Change: Maggi Williams Promoted to Chief Global Strategy Officer at KM2 Solutions
9 December 2010
Executive Change: George Fratz to Tate & Kirlin as Director of Strategic Initiatives
8 December 2010
A Model for the ARM Industry: Canadian Sensibility
7 December 2010
On Anniversary of Pearl Harbor, A Thank You from Vets Charity to ARM Industry
7 December 2010
Executive Change: Van Ru Promotes Stephane Lavigne to EVP and COO
7 December 2010
Officials Raid Debt Collection Office, Arrest Two
6 December 2010
collector mentor to offer Complimentary Subscriptions in Recognition of Employee Learning Week
6 December 2010
ACA International: Tips for Identifying a Debt Collection Scam
3 December 2010
State AG Announces Lawsuit Against Debt Collection Agency
2 December 2010
Optio Solutions' Christy Davies Awarded Susan G. Komen Grant
2 December 2010
Executive Changes: Associated Credit Services Names Two New Execs
30 November 2010
Professional Placement Services, LLC Receives 2010 Best of Milwaukee Award
29 November 2010
Intrum Justitia Enters Strategic Partnership with Swiss Post
29 November 2010
Executive Change: Amy Kinda Named VP, Client Relations at Creditors Interchange
24 November 2010
State Suspends Debt Collector's License Because of Lender
23 November 2010
ARM Vets Charity Goal Exceeded, Grant Requests Accepted Through December 10th
23 November 2010
ARM Professionals Donate 1,000 Turkeys to Kick-Off St. Mary's Food Bank Alliance Super Saturday Event
23 November 2010
A Pep Talk For The Debt Collection Industry
22 November 2010
Media Receivable Management, Inc. Reaches Agreement to Take over ARM Operations of Borden, Jones & Mitchell
22 November 2010