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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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DBA International Offers Webinar on Understanding the New Risks in the Bankruptcy Claim Process

16 April 2015

Judge Sides with Government in Student Loan Debt Collection Contract Dispute Ruling

15 April 2015

FTC's Settlement with Two Debt Portfolio Brokers a Continuation of a Trend in ARM Industry

14 April 2015

Credit Consulting Service Awarded "Large Business of the Year"

14 April 2015

FTC and State AG Team Up on Fake Debt Collection Agency in Illinois

13 April 2015

Executive Changes: KM² Solutions Leadership Transitions Yield to a Promising Future

10 April 2015

Account Control Technology Foundation Releases "Beware the Debt Monster" Video forNational Financial Literacy Month

10 April 2015

Stoneleigh Recovery Associates Becomes Certified Third Party Collection Agency

9 April 2015

What Are Collection Agencies Doing About Due Diligence?

9 April 2015

8 Ways To Get Market Share Without Spending a Fortune

8 April 2015

ACA International Releases Industry Advancement Program Judicial Advocacy Report

8 April 2015

ARM Firms Gear Up For Oral Arguments in Student Loan Debt Collection Contract Dispute

7 April 2015

When Considering Medical Debt Collection Rules, CFPB Looks at Consumer Impact

7 April 2015

Deceased Account Collections - A Closer Look at an Often Overlooked Revenue Source

7 April 2015

Volume of Debt Collection Complaints Holding Steady Early in 2015, But Data Does Show Changes

6 April 2015

TekCollect Builds on Success of First Shelter Drive, Makes Additional Donation to Open Shelter of Columbus

6 April 2015

Collection Industry Gets Some Positive Attention in Media this Week

3 April 2015

Executive Change: ACSI Announces the Appointment of New Chief Operating Officer

3 April 2015

ARM Firms Should Assess Multidistrict Litigation for Simultaneous FDCPA and TCPA Cases

2 April 2015

IACC Survey Reveals What it Takes to Succeed in Commercial Collections

2 April 2015

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