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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The Changing Landscape of Supplier Audits
25 February 2014
Empereon-Constar Introduces New Corporate Logo
25 February 2014
Anticipating a New Regulatory Regime For Debt Collection
24 February 2014
Chase Debt Collections Continue to Fall
24 February 2014
Third Party Debt Collection Accounts and Balances Rise in Q4
21 February 2014
Executive Change: Steve Elliott Joins Radius Global Solutions as Partner and Managing Director
21 February 2014
Portfolio Recovery Associates to Buy European Debt Buyer Aktiv Kapital for $1.3 billion
20 February 2014
Decorated War Vet Resolves $11K Debt with Help from ARM Industry Charity
20 February 2014
FCRA Poll Results: Who Got it Wrong, and Why
20 February 2014
Debt Collection Attorney and Firm Censured Over Six Cases
19 February 2014
Artificial Intelligence Tools for Creating a Smarter Collection Model
19 February 2014
UPDATED Capital One's Terms/Conditions: Collectors Aren't Necessarily Set to Visit Your Home
19 February 2014
Senate Bill Protecting Consumer Data Ripples Out to Debt Collection
18 February 2014
A Conversation with the CFPB
18 February 2014
Ontario Systems Announces Partnership with Kaulkin Ginsberg for 2014 Webinar Series
18 February 2014
Callcredit Information Group Acquired by GTCR from Vitruvian
18 February 2014
Collection Industry Reflection of 2013
14 February 2014
Court Rulings Force Debt Collectors to Revisit Validation Language
14 February 2014
BPO-ARM Firm Veldos Announces Business and Office Acquisitions
14 February 2014
Story on Debt Collection "Rocket Dockets" Largely Misses the Point
13 February 2014
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