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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National Debt Collection Agency MRS BPO Partners with American Capital Recovery
5 January 2015
Summit Account Resolution Adopts Nursing Home Residents for Christmas
5 January 2015
Executive Change: Kim Berrington to F.H. Cann and Associates
5 January 2015
Court Allows FDCPA Suit Where Assignment of Judgment Failed to List Current Balance of Debt
24 December 2014
Executive Change: Christopher Rezendes to Windham Professionals as Chief Sales and Marketing Officer
24 December 2014
UK Launches $35 billion Debt Collection Project Headed by Equifax's TDX Group
23 December 2014
American Profit Recovery Adopts Three Families for Holidays
23 December 2014
The CMI Group - Commitment to Holiday Giving
22 December 2014
Mike Ginsberg to Speak at the ACA of Texas' 67th Annual Conference and Exposition
22 December 2014
CFPB and State AGs Settle with Retailer Over Debt Collection Practices Against Servicemembers
19 December 2014
Debt Collection Agency Launches Website to Help Debtors Get Skinny and Debt Free
19 December 2014
Judge Rules that Government Debt is Covered by FDCPA, Forcing Collection Agency to Defend
18 December 2014
Complaints About Medical Debt Collection On the Rise
17 December 2014
Winners and Rankings Announced in 2014 Best Places to Work in Collections
17 December 2014
Executive Change: ABC-Amega Hires Paul Parisse as VP of Global Operations
17 December 2014
HS Financial Group Becomes DBA International Certified Debt Buyer/Third Party Collection Agency
17 December 2014
Foti Out? Zortman In? What's Up With Voicemail Messaging?
16 December 2014
Anonymous Good Samaritan Registers ARMing Heroes for AmazonSmile Program
16 December 2014
Outbound Collection Communications: Meeting FDCPA, CFPB and TCPA Requirements
16 December 2014
CFPB Addresses Medical Debt Collection, Mandates Tighter Policing of Credit Report Furnishers
11 December 2014
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