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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New York Debt Regulations Create Chaos
10 December 2014
Florida AG Warns Against Debt Collection Scams
9 December 2014
Executive Change: Melinda Siler Returns to Universal Fidelity Executive Team
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CBE Gives Back to the Community
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Two Leaders in Russian Debt Collection Market Combining to Create Massive ARM Firm
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CFPB Holding Field Hearing Next Week on Medical Debt Collection
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Free Webinar Looks at Best Practices in Internal Audits
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FDCPA Suits Increase in October, But Yearly Trend Holds: FDCPA Down, TCPA Up
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Two Veterans Within Student Loan Collections Industry Join Forces to Start New Company
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