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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Lessons Learned from Massive Debt Collection Scam Two Years On
8 April 2014
Ceannate Corp Submits Joint TCPA Comments to FCC with Student Loan Groups
8 April 2014
Is a Debt Collection Appointment Sparking a Political Scandal?
7 April 2014
Up to 400 New Jobs Coming to Portfolio Recovery Associates UK
7 April 2014
Debt Collectors Settle with FTC for $3.3 million, Permanent Ban from Collecting
4 April 2014
United Recovery Systems Acquires Array Services Group
4 April 2014
CBE Companies Acquires Nelson, Watson & Associates
4 April 2014
State AG Settles with Auto Title Lender Over Collection Practices
4 April 2014
InterSystems Honors Ontario Systems for Easing Regulatory Compliance in Collection Industry
3 April 2014
Collector Prevails in FDCPA Suit Claiming Business Debt was Consumer-Related
2 April 2014
Executive Change: ABC-Amega Appoints Director of Business Development
2 April 2014
Banks Band Together and Fire Back at Policy Makers. Can the ARM Industry Follow their Lead?
1 April 2014
Commercial Collection Agency RCI Asset Solutions Acquired by Tucker, Albin and Associates
31 March 2014
Integrity Solution Services Creates Alliance with Strategic Partners Network to Pursue Growth Objectives
31 March 2014
Debt Buyers Can Testify on Purchased Account Records: Appeals Court
31 March 2014
Service Provider Compliance Is Key - Are You Ready?
31 March 2014
Debt Collector Wins Appeal in Precedential Letter Language Case
27 March 2014
Multi-Stakeholder Panel Discusses Debt Collection Voicemail, Compliance Cost, and Dispute Handling
27 March 2014
Court Ruling Impact - Debt Collection Settlements Are Dead; Long Live Litigation
26 March 2014
You Can't Build Castles on Quicksand: The Data Behind the Story
26 March 2014