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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iQor Opens New State-of-the-Art Center in Phoenix Metro Area
15 September 2010
International ARM Firm Announces Hearts & Minds Initiative
15 September 2010
ARM Firm Second Round, LP Secures Capital to Expand Debt Buying
15 September 2010
RMS Offers Free Credit & Collection Measurements Poster
14 September 2010
Executive Change: Dale Bissette to Virtuoso Sourcing Group as COO
14 September 2010
OMS Completes SAS 70 TYPE II, Verifying Secure, Reliable, and Effective Operating Environments
14 September 2010
NCO Group Launches Expanded Offerings for Healthcare Sector, Announces Acquisition
14 September 2010
Collection Agency Partners with Pest Management Association
13 September 2010
Washington DC Residents Complain About Collectors the Most
13 September 2010
DANTOM Systems Selected as First Integrated Partner for Collect Savvy
10 September 2010
Executive Change: Conifer Health Solutions Names Vice President of Operations
10 September 2010
Executive Change: Constar Financial Names Joe Lustek as Director of Collections
10 September 2010
Credit Card Debt Down Again in July
10 September 2010
Firstsource and RSource Announce Partnership to Enhance Service Offerings
9 September 2010
EnterCard Appoints Intrum Justitia as Credit Management Service Partner
9 September 2010
BBVA Compass Collections Director Named Chair of CBA's Collections Committee
9 September 2010
Transworld Systems' GreenFlag Accelerator Offers Businesses and Healthcare Providers a Cash Flow Stimulus Program
9 September 2010
$10,000 to be Raised for Needy U.S. Military Vets. Will You Do Your Part?
9 September 2010
Americans Shifting Focus from Consumer Debt to Retirement Savings
9 September 2010
Mini-Miranda Violation Fastest Growing Complaint Against Debt Collectors
8 September 2010
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