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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U.S. Supreme Court to Take Up Whether Complete Relief to Class Litigant Moots Class Claims
21 May 2015
Proposed Legislation in Numerous States Would Negatively Impact the Collection Industry
21 May 2015
Credit Reporting Agencies Agree to Pay $6M to Resolve Complaints
21 May 2015
FDCPA/FCRA Litigation Trending Upward, TCPA & CFPB Complaints Down Slightly
19 May 2015
Free Teleseminar: RFP Writing - 7 Costly Mistakes to Avoid
19 May 2015
CBE Employees Pay It Forward With Creative Efforts in Local Communities
18 May 2015
The Inconvenient Reality of Convenience Fees
18 May 2015
WOSB Small Business Status Achieved by NRS
18 May 2015
Second Circuit Decision Provides Resolution on Disclosure of Tax Consequences in Settlement Offers
15 May 2015
Crucial Compliance Conversations for Every Hospital CFO
15 May 2015
Robert Bernstein Named President Of The Commercial Law League of America
15 May 2015
CFPB To Convene Field Hearing Tomorrow in Milwaukee About Student Loans
13 May 2015
Victory for ARM Industry in Ninth Circuit Case
13 May 2015
Four Things Small Collection Agencies Can Do To Act Like the Big Guys and Grow
13 May 2015
Are You Throwing Away Your Marketing Dollars?
13 May 2015
KM²Cares: KM² Solutions’ Corporate Social Responsibility Initiatives
12 May 2015
Interactive Intelligence Helps Companies Improve Student Loan Debt Collection
12 May 2015
Billing Tree Webinar Examines Latest in Payment Processing, Debt Collection
12 May 2015
Next Step in CFPB Debt Collection Rulemaking?
12 May 2015
Everest Receivable Services Inc. Participates in Furever Friends Dog Rescue
11 May 2015