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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Consumer Watchdog Report Magnifies State Debt Collection Practices
10 October 2013
Minnesota Announces Action to Shut Down Debt Collection Agencies
9 October 2013
Arrow Global Has Successful Debut on London Stock Exchange
8 October 2013
Virginia Lawmaker Wants to Shield Federal Workers from Debt Collection Suits
8 October 2013
Collectors Can't Disclose Debts to Third Parties, But Governments Can?
7 October 2013
Ascend One and Freedom Financial Network Announce Joint Venture to Develop and Deploy Automated Debt Settlement Platform
7 October 2013
Nationally Recognized ARM Industry Attorneys Join Forces
7 October 2013
Executive Change: Lowell Group Appoints Tish Joyce as Director of Change Management
7 October 2013
Senator Reignites Debate Over IRS Private Debt Collection Program
4 October 2013
State Supreme Court Hears Debt Buyer's Challenge to AG Action
3 October 2013
Important Webinar Scheduled for October 9
3 October 2013
With VA Benefits Checks at Risk, Past Donors Share Why they Support Veterans
3 October 2013
Stellar Recovery, Inc. #24 in Florida Business Journal Fast 100 with 275% Growth
3 October 2013
The CMI Group Bolsters Compliance and Improves Efficiency with Speech Analytics
3 October 2013
Executive Change: Mark Sena Joins Global International’s Business Development Team
2 October 2013
Best Places to Work in Collections 2013 Winners Announced
1 October 2013
New York AG Settles with Five ARM Firms Over Payday Loan Collection
1 October 2013
Professional Credit Service Employees Join Forces to Help Local Non-Profit Organization
1 October 2013
Executive Change: Lowell Group Appoints Managing Director for Interlaken Group
1 October 2013
Insulating Consumers from Robo Calls May Have Consequences
1 October 2013
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