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: The CMI Group Hires Jim Lynch as Director of Collections
3 January 2014
UDAAP Crackdown Should Keep Collection Agencies Alert
3 January 2014
No Debt Collection Charges for Accretive Health in Settlement with FTC
2 January 2014
Starting the New Year off on the Right Foot
2 January 2014
New York Times Investigative Report Focuses on Student Loan Guaranty Agency
2 January 2014
Top Five New Year's Resolutions for the Debt Collection Industry
31 December 2013
Member of CBE Companies' Leadership Team Appointed to Influential DBA International Roles
30 December 2013
Executive Change: Pam Brown to Enhanced Recovery Company as VP of Business Development
30 December 2013
Could the CFPB Help Stem the Tidal Wave of TCPA Lawsuits?
20 December 2013
Fed Research Study Shows Negative Impact of Tighter State Debt Collection Laws
19 December 2013
Executive Change: Contract Callers Hires Jack Engel as Director of Sales
19 December 2013
Executive Changes: Receivables Performance Management (RPM) Expands Management Team
19 December 2013
The CFPB's Proposed Rulemaking - Takeaways from the First 1,000 Comments
19 December 2013
Encore Capital Group Launches Global Corporate Social Responsibility Program
18 December 2013
Chase Sued (Again) for Robo-Signing in Debt Collection
18 December 2013
CFPB Sues Online Payday Lender and Debt Collection Agency
17 December 2013
Desperate Vets to Receive Grants from Collection Industry This Month
17 December 2013
Court Rules in Favor of Collection Agency's "Good Faith" in TCPA Case
16 December 2013
A Silver Lining Amidst Intense Regulatory Oversight
16 December 2013
Kaulkin Ginsberg Announces the Launch of Research Fellows Program
16 December 2013
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