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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Talking M&A with Kaulkin Ginsberg (VIDEO) - Part I: The Impact of Economic Recovery on ARM Industry Transactions
19 April 2011
The 'Bad Apples' We All Know
19 April 2011
VION Expands into Merchant Cash Advance Business
19 April 2011
The Unique World of Small Business Credit Card Collections
18 April 2011
The Greatest Anti-Debt Collector Video Ever
15 April 2011
Idaho Supreme Court Upholds the Right of Counties to Collect Unpaid Criminal Fines
15 April 2011
Executive Change: United Recovery Systems Names Sheri Jouas VP of Marketing
15 April 2011
Leo R. Kane Retires, Sells Credit Management Company
15 April 2011
California Collectors Vote to Retain Dual Membership in ACA
14 April 2011
Florida Not Punishing Debt Collectors Hard Enough to Satisfy Newspaper
12 April 2011
Should ARM Firms Blog?
12 April 2011
Veteran Suffering from PTSD Gets Help from ARM Industry
12 April 2011
How Angry Birds is Increasing the Cost of Credit
12 April 2011
Oregon AG Fines Debt Collection Agency $90,000
11 April 2011
First Quarter M&A Activity in the ARM Industry Dominated by Healthcare Sector Deals
11 April 2011
ACA International Outlines Suggestions for Collaboration with the New Consumer Financial Protection Bureau
7 April 2011
Collection Agency Vital Solutions Donates Computers to At-Risk Youth Center
7 April 2011
ARM Industry Philanthropy is Very Important
7 April 2011
Empereon Marketing and Constar Financial Services Announce New HQ and Collections Operations Center
7 April 2011
National Asset Recovery Services Acquires Collection Agency Integrity Financial
6 April 2011
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