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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ARM Law Firm Deal: Firsel Law Group Acquires The Law Offices of Ross Gelfand
22 August 2014
FTC Joins CFPB in Filing Amicus Brief in Debt Collection Case
21 August 2014
Former Debt Collector Sentenced to 15 Years in Federal Prison
21 August 2014
Mazume Solutions Launches New Managed Services Offering for the Credit and Collection Industry
21 August 2014
Free Webinar Highlights Speech Analytics Solutions for Collections
21 August 2014
New FDCPA Requirement for Debt Verification: Is There More to the Story?
20 August 2014
Stoneleigh Recovery Associates Acquires R&B Collections, Inc
20 August 2014
Q3 Webinar Date Set for Latest in Leadership Series for ARM Executives
20 August 2014
ARMing Heroes Awards Emergency Grants to Struggling Military Families
20 August 2014
Stellar Recovery CEO Garrett Schanck Recognized as 2014 Ultimate CEO
20 August 2014
Business Group Led by Former Governor Opens Battle Over CFPB Complaints
19 August 2014
Collection Agency Compliance: The Hidden Money Maker
19 August 2014
Executive Change: SquareTwo Financial Promotes John Lowe to SVP and CFO
19 August 2014
Circuit Court Upholds Award of Fees for Defendant in an Absolutely Crazy FDCPA Case
18 August 2014
ACA International Submits Comments on New York's Revised Proposed Debt Collection Rule
18 August 2014
Common Ground for Creditors, Collectors and Consumers
18 August 2014
NY AG Settles with ARM Firm Over Payday Loan Debt Collection Suits
15 August 2014
New York Times Takes Unflinching Look at the Secondary Debt Buying Market
15 August 2014
Will Medical Debt Collection Legislation Finally End Up DOA?
15 August 2014
CBE Companies Brings 500 Jobs to New Braunfels
15 August 2014
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