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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Northland Group Acquires Second Satellite Collection Center
21 January 2014
International Association of Commercial Collectors Elects 2014 Board of Directors
21 January 2014
ConServe Awarded Top Performer on Federal Treasury Contract
21 January 2014
Executive Change: Allied Global Expands its Global Sales Footprint
21 January 2014
Landmark FDCPA Victories Finally Limit "Least Sophisticated Consumer" Standard
16 January 2014
ACA, HFMA Release Final Best Practices for Medical Debt Collection
15 January 2014
How to Position your ARM business for Maximum Value, Regardless of When you Sell It
15 January 2014
Another Bank Official Pleads Guilty in Collection Agency Bribery Case
14 January 2014
United Recovery Systems Announces Acquisition of Financial Health Strategies
14 January 2014
Executive Change: Alan Todd Van Meter Named President of EOS CCA Healthcare Division
14 January 2014
Executive Change: Northland Group Welcomes Robert Schofield as EVP
14 January 2014
Executive Changes: ABC-Amega Announces Staff Promotions and Operations Leadership Changes
14 January 2014
CFPB Extends Deadline for Comments on its Debt Collection Rulemaking Proposal
14 January 2014
AIC Manila Celebrates One Year Anniversary
13 January 2014
New York Times Explores CFPB’s Next Moves, Including Debt Collection
13 January 2014
Delta Management Associates Donates more than $50,000 to Charity through 2013
13 January 2014
California Judge Pushes Forward Consolidated TCPA Action Against Debt Buyer
10 January 2014
State AG Sues Another Debt Buyer Over DDA Account Collection
9 January 2014
J&L Collection Services Announces New Office in California
8 January 2014
California Lawsuit over Chase's Debt Collection Practices is Still On
8 January 2014