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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FMA Alliance President Elected to BBB Education Foundation
3 December 2013
Website Announces Free Trial Promo for Student Loan & Government Contracts
3 December 2013
Free Webinar Examines the Compliance Landscape for 2014
3 December 2013
CFPB Recognizes Cost Burden of Compliance for Small Banks
3 December 2013
Winners and Rankings Announced in 2013 Best Places to Work in Collections Program
2 December 2013
Arrow Global Reports Strong Earnings After IPO
2 December 2013
Collectors Are Largely Chasing the Wrong Person, According to Complaints Data
27 November 2013
New Performance Award Announced for ED Student Loan Debt Collection Subcontractors
27 November 2013
Account Control Technology Donates $31,980 to End Breast Cancer
27 November 2013
Record Amount of Food Donated Through Dynamic Recovery Solutions' Annual Food Drive
27 November 2013
Missouri Debt Collectors Give Back Locally
27 November 2013
ARM Industry Campaign for Hurricane Sandy Victims Helps Family Go Home for Thanksgiving
27 November 2013
ARM Companies Show Differing Strategies in Debt Collection Complaint Responses
26 November 2013
International Collectors Group to Return to Its Position of Prominence in the ARM Industry
25 November 2013
Collection Agency Issues Challenge to Bill Bartmann
22 November 2013
In Search of a Unified Front on Capitol Hill
22 November 2013
PSA: Don't Shred Consumer Files
21 November 2013
Debt Collection Practices Lead to $19 million CFPB Action Against Payday Lender
21 November 2013
Consumer Relations Consortium Prepares to Respond to CFPB’s Rulemaking Notice
21 November 2013
Alan Weinberg of Weltman, Weinberg & Reis to Retire
21 November 2013
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