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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Executive Change: Charlie Bonner to Alpha Recovery as VP of Business Development
24 April 2014
Senate Bill Targets Credit Furnisher Responsibilities Under FCRA
23 April 2014
Kentucky Governor Announces Expansion at Medical ARM Firm Frost-Arnett
23 April 2014
Massive Federal Student Loan Collection Opportunity Prompts Teleseminar on Small Business Subcontracting
22 April 2014
CFPB Moves to Free Student Loan Borrowers from Defaults Caused by Co-Signers
22 April 2014
Collector Settles Class Action for $50,000; Plaintiffs' Attorneys Take $40,000
21 April 2014
Delta Outsource Group’s COO Nick Jarman Installed as President of Missouri Collectors Association
21 April 2014
Weekend Reading: Elizabeth Warren Has a Memoir
18 April 2014
Bad Faith FDCPA Case Leads to Win for Defendant
18 April 2014
DBA International’s Introductory Survey Course on Debt Buying Available 24/7 Online
18 April 2014
Pa. Judge: Consumers Must Know Their Right to Challenge a Debt
17 April 2014
TECH LOCK, Inc., American Collectors Association of Texas Educational Foundation partner to “Secure” an Education
17 April 2014
Disclosures Likely Necessary When Recording Cell Phone Calls to Consumers in California
17 April 2014
Interactive Intelligence to Host "Pitfalls of TCPA" Industry Web Event
17 April 2014
CFPB's Email Notification for Debt Collection Complaints Portal Still Working Out Kinks
16 April 2014
Bipartisan Plan to Privatize Tax Collection Hits Opposition
16 April 2014
Using an Intermediary in a Third-Party Sale
15 April 2014
LiveVox Presents A "Fireside Chat" With CFPB Examination Consultant, Joe Adams
15 April 2014
Stanley to VP Role at ARM Tech Company
15 April 2014
Social Security Halts Collection of Debts Older than 10 Years
15 April 2014
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