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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Disclosures Likely Necessary When Recording Cell Phone Calls to Consumers in California
17 April 2014
Interactive Intelligence to Host "Pitfalls of TCPA" Industry Web Event
17 April 2014
CFPB's Email Notification for Debt Collection Complaints Portal Still Working Out Kinks
16 April 2014
Bipartisan Plan to Privatize Tax Collection Hits Opposition
16 April 2014
Using an Intermediary in a Third-Party Sale
15 April 2014
LiveVox Presents A "Fireside Chat" With CFPB Examination Consultant, Joe Adams
15 April 2014
Stanley to VP Role at ARM Tech Company
15 April 2014
Social Security Halts Collection of Debts Older than 10 Years
15 April 2014
Economic Forecast: Consumers May Be in Better Shape to Pay Past Obligations
14 April 2014
Phone Scammers May Presage Increase in Validation Notice Requests
14 April 2014
FDCPA Class Action to Advance; Letter Language Positioning in Question
11 April 2014
How to Maximize Collections with TCPA Compliance: Best Practices for Agencies and Creditors
11 April 2014
Over 60 ConServe Employees Participate in Blood Drive Supporting Untys and the Red Cross
11 April 2014
Payday Lenders Gaining Share of Debt Collection Complaints
10 April 2014
ARM Vets Charity Helps Single Dad Provide for His Daughters
10 April 2014
More Consumers Complain About Wrongful Debt Collection Attempts in Q1
9 April 2014
How Do You Tell Your Staff You Are Selling Your Business? The Better Question Might Be When Do You Tell Them?
9 April 2014
Consumer Delinquencies Fall in Most Debt Categories in Fourth Quarter
9 April 2014
UK ARM Firm Lowell Group Creates 60 New Jobs, Moves to Bigger Offices
9 April 2014
Kaulkin Ginsberg's Spring Research Fellows Program in Full Swing
9 April 2014