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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Inc. Magazine Names Accelerated Financial Solutions to its Prestigious Inc. 5000 List
22 September 2010
Encore Capital Group Announces $50 Million Private Placement and Enhancements to its Revolving Credit Facility
22 September 2010
Persolvo Delivers Creditors, Debt Buyers and Collection Agencies Agreeable Settlement Options by Deploying Actuate and BIRT
21 September 2010
Early Out Services Wins 2010 Better Business Bureau Integrity Award
21 September 2010
Court to Allow FCRA Lawsuit Against Debt Collector and Experian
21 September 2010
RMI Consulting to Be Featured on the Today Show
21 September 2010
Take the Time to Stand Up for Our Industry
21 September 2010
Afni and Evolv Announce Partnership to Improve Customer Interactions
20 September 2010
Collection Agency Webcreditservices.com Has Signed its 100th Client
20 September 2010
David Vant from Cabot Financial Completes the Pedal to Paris Charity Cycle Ride
20 September 2010
LiveVox to speak on Quality Monitoring and Agent Risk Management Best Practices
20 September 2010
Collection Fees Should Be Based on Work Requirements
20 September 2010
International ARM: Few Debts Written Off in Eastern Europe, Better Cash Flow in Western Europe
17 September 2010
Brown & Joseph and the National Association of Wholesaler-Distributors Launch Cash Advantage Program
17 September 2010
What I Get Out of ARM Industry Conferences
17 September 2010
ARM Industry Vets Charity at 25% of Goal in a Week; Multiplies Forces
16 September 2010
FDCPA and Other Consumer Lawsuit Statistics, August, 16-31
16 September 2010
Major ARM Player Files for Bankruptcy Protection
15 September 2010
Executive Change: Weltman, Weinberg & Reis Co. Welcomes Dave Zbozen to Real Estate Default Group
15 September 2010
iQor Opens New State-of-the-Art Center in Phoenix Metro Area
15 September 2010
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