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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White Paper Shows How Statistical Models Can Improve Medical Debt Collections
3 September 2014
LocateSmarter Awarded Patent for Cloud-Based Skip Tracing Application
3 September 2014
Executive Change: Frost-Arnett Taps W. Judd Peak as Corporate Compliance Officer
3 September 2014
Group to Study Uniform State Laws for Debt Buying and ARM Industry
2 September 2014
NARCA President Among New Members of CFPB Consumer Protection Advisory Board
29 August 2014
Kaulkin Ginsberg Kicks Off Fall 2014 Research Fellows Program
29 August 2014
Circuit Court: Visible Account Number in Collection Letter is an FDCPA Violation
29 August 2014
Genesys Webinar Shows Why Collection Agencies Need Speech Analytics
28 August 2014
Compliance Acronym Stew: Is Your Collection Agency at Risk? Part I: SSAE-16
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Standard vs. Tailored Accounts Receivable Management Plans
27 August 2014
SBA Report: ED Rates an "A" on Small Business Utilization - with Room for Improvement
27 August 2014
Tucker Albin Selected for the 2014 Inc. 5000 List of America's Fastest Growing Companies
27 August 2014
State AGs Miss the Mark on Business Records in FDCPA Rulemaking Comments
26 August 2014
Credit Management Company and Coding Concepts Form Partnership to Enhance Healthcare Revenue Cycle Services
26 August 2014
Phillips & Cohen Associates Ranked as the Best Mid-sized Employer in Delaware
26 August 2014
How Bad Plaintiff Behavior Turned a Winning FDCPA Case into a Massive Defeat
25 August 2014
Consumer Relations Consortium Proudly Sponsors Consumer Action Awards Event
25 August 2014
NACS Celebrates Seventh Office with Ribbon Cutting Ceremony
25 August 2014
Oversight of Third Parties: The Challenge Ahead
25 August 2014
After Slight Rise in July, FDCPA Lawsuits Still Down Overall for 2014; TCPA Claims Increase
22 August 2014