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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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Debt Collection Becoming an Actual Issue in Hot State AG Election

28 July 2014

European ARM Giant Lindorff Acquires Collection Unit of Spanish Bank

28 July 2014

Executive Change: Michael Chamberlain Joins Allied Collection Services as EVP

28 July 2014

A Lot Going on at JJL Process

28 July 2014

Washington Lawsuit Scrutinizes Use of Prosecutor's Seal on Debt Collection Letters

25 July 2014

ACA International Announces 2014-2015 Board of Directors and Officers

24 July 2014

Debt Collectors Seemingly Split on the Question of Calling Cell Phones

24 July 2014

New York Court Halts Debt Collector’s Operations, Freezes Assets

24 July 2014

Present Capacity and Effective Consent: Two Parts of a Compelling TCPA Panel at ACA

23 July 2014

Ohio AG Accused of Giving Debt Collection Contracts to Donors

23 July 2014

Compliance Professionals in the Debt Industry Need Allies

23 July 2014

Sixth Circuit Broadens FDCPA Verification Requirements for Debt Collectors

23 July 2014

Debt Collector Opens Its Doors to ABC World News with Diane Sawyer

23 July 2014

Webinar Examines Opportunities Within Student Loan Market

22 July 2014

CFPB Debuts Slightly Clunky Portal for Debt Settlement Complaints

22 July 2014

Debt Industry Responds to New York's New Rules for Collectors, Buyers

22 July 2014

Stellar Recovery, Inc. Named to 50 Fastest Growing Companies in Northeast FL at No. 45

22 July 2014

DialConnection announces investment by Potomac Equity Partners

22 July 2014

Policy Preparedness: A CFPB Focus for Compliance Management

21 July 2014

Happy Fourth Birthday, CFPB!

21 July 2014

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