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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Top Donors to ARM Vets Charity Receive Honors in DC
5 February 2014
Johnson, Morgan & White to Accept Bitcoins Becoming First Collection Agency to Accept the Digital Currency for Payment of Debts
4 February 2014
ZestFinance Introduces Big Data Model for Collections Scoring
4 February 2014
Portfolio Recovery Associates Acquires UK IVA Platform
4 February 2014
Kaulkin Ginsberg Announces the Launch of a 2014 Webinar Series
4 February 2014
Post Office: Let Us Get Involved in Lending and Debt Collection
4 February 2014
Fourth Circuit Says FDCPA Allows Verbal Disputes in Letter Class Action
3 February 2014
Intrum Justitia Acquires Leading Czech Debt Buyer for $42 million
3 February 2014
Reg E Authorizations Got You Down? Authorization Requirements for TEL Entry Transactions/ACH
3 February 2014
Appeals Court Sides with Collectors in FDCPA Cases Challenging Letter Language
31 January 2014
The Evolution of Debt Collection Industry Conferences
30 January 2014
Executive Change: Scott Baker Joins JJL Process as Head of Operations
30 January 2014
Take insideARM's Annual Operations, Compliance and Technology Survey; Get $5
30 January 2014
insideARM.com Launches TCPA Resources Page for Debt Collection Industry
30 January 2014
British Telecom and TDX Group Extend Relationship Through 2018
29 January 2014
State of the Union Tackles Student Loan Debt, and Little Else in ARM
29 January 2014
Collection Industry Tries to Find Common Ground with Consumer Groups
28 January 2014
The One About the Australian Sex Tape, an Alleged Mobster, and Debt Collection
28 January 2014
FDCPA Lawsuits Filed Against Collectors Decline 10 Percent in 2013
27 January 2014
Executive Change: FAMS Announces Tim Farmer as Chief Financial Officer
27 January 2014
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