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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New York Bill Would Require Statewide License for Debt Collectors/Buyers
13 May 2014
FDCPA Amendment Would Limit Lawsuit Cost Awards to Debt Collectors
13 May 2014
ACA International Attends Democratic Attorneys General Policy Forum
13 May 2014
Consumer Protection Attorney Shares CFPB Battle Stories
13 May 2014
Take insideARM.com's 1-Minute Debt Collection Topic Survey
13 May 2014
CBE Companies' CFO, Bob Kahler, Earns Top Finance Leadership Award
12 May 2014
National Papers Take on Debt Collectors Over the Weekend
12 May 2014
UDAAP and Lending are the Mono-Twins of the Collection Industry
12 May 2014
Don't Operate in the Dark! Part 2 of Important ARM Webinar Series Scheduled for May 20
9 May 2014
Ohio Debt Collectors Support Hiring of Military Veterans and Their Spouses
9 May 2014
Ohio Supreme Court Fines Collection Agency $282,500
8 May 2014
Two Huge Debt Buyers to Vacate $16 million in Judgments in NY AG Action
8 May 2014
Third- and Fourth-Parties – Are they Putting Your Reputation At Risk?
8 May 2014
Why does Amazon Know More About Our Customers than the ARM Industry?
7 May 2014
State Supreme Court Rules Against ARM Firm Owned by U.S. House Candidate
7 May 2014
ACA Urges CFPB to Scrap Proposed Consumer Debt Collection Survey
7 May 2014
F.H. Cann & Associates Achieves FISMA Compliance
7 May 2014
NARCA to Sponsor Live Simulcast of ARM-U
7 May 2014
Husband of Alleged Reality Show Star Tried, Failed at Fake Collection Agency/Life
7 May 2014
Is the CFPB Position on Credit Reporting Consistent with Case Law?
6 May 2014