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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ARM Industry Leaders Count Military Charities Among Their Favorites
14 October 2010
Rehabilitated Loans Shake Up ED Collection Performance Rankings
14 October 2010
PayPal Shuns Debt Collectors, Until Needed
13 October 2010
Executive Change: Mark Gelnaw Joins Central Credit Holdings as EVP and CFO
13 October 2010
Executive Change: Harvest Strategy Group Announces Senior Officer Appointments
13 October 2010
Encore Capital Group to Announce Third Quarter 2010 Results on October 26
13 October 2010
Executive Change: Link Financial Group Appoints Lindsay Town as Non-Executive Director
12 October 2010
Executive Change: Jeffrey Sanborn to Portfolio Recovery Associates as Corporate Counsel
12 October 2010
Cabot Financial Gives Charity Telethon a Helping Hand
12 October 2010
Optio Solutions and CrossCheck Raise Funds for American Cancer Society Relay For Life
12 October 2010
Javitch, Block & Rathbone Expands to Texas
11 October 2010
Executive Change: FAMS Announces Sharon Stickles as VP of Client Administration
11 October 2010
United Recovery Systems Raises Collection for Texas Children's Hospital
11 October 2010
Strategic Mortgage Defaults and the Broader ARM Impact
11 October 2010
Afni, Inc. to Bring More than 500 Jobs to New Operations Center in Colorado
8 October 2010
Lowell Group Scoops Credit Excellence Award
7 October 2010
Receivables Performance Management, LLC (RPM) Receives ISO Certification
7 October 2010
A Change Is Coming: Can ARM Industry Adapt and Embrace FDCPA Reform?
7 October 2010
American Collection Agency Participates In European Collection Congress
6 October 2010
Executive Change: SquareTwo Financial Names Chris Reigrut Chief Technology Officer
6 October 2010