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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Rogue Debt Collector Prompts Warning from BBB
29 July 2013
KirkpatrickPrice Announces CFPB Readiness/Audit Services to the ARM Industry
29 July 2013
Executive Change: Contract Callers Welcomes Andrew Cope as New VP of Sales
29 July 2013
National Enterprise Systems (NES) Looks to Add Another Top Rating in 2013; Enters TECH LOCK Certified Program
29 July 2013
How Easily Can You Find Probate Accounts in Your Portfolio?
29 July 2013
GC Services Adding Jobs at Large Call Center
26 July 2013
New York Proposes Tough New Debt Collection Rules
26 July 2013
Leslie Bender Installed as President of ACA International
25 July 2013
Automated Collection Services Goes For Gold; Enters Into TECH LOCK Certified Audit
25 July 2013
Lawsuit from Legal Services Firm Challenges CFPB Investigative Authority
24 July 2013
FTC Settles Debt Collection Charges Against Payday Lender
23 July 2013
Free Webinar: CBE Companies Shares 3 Ways to Effectively Leverage Speech Analytics
23 July 2013
New Debt Buyer Law May Decrease Communication, Increase Litigation Between ARM Firms and Consumers
22 July 2013
ACA International Welcomes New President, Board Officers and Board Directors
22 July 2013
KirkpatrickPrice Continuing CFPB Audit Readiness Web Series on Consumer Complaint Resolution and Tracking
22 July 2013
Virtual Collections Made Virtually Simple - 10 Tips to Ensure Consumer Website Compliance
19 July 2013
Collection Agency Adding 100 Jobs in Western New York
19 July 2013
DBA International Seeks Third Party Collection Agency for Certification Council
19 July 2013
Revenue, Earnings Down for Most Collection Agencies in 2012
19 July 2013
Senate Hearing on Debt Collection Could Provide Clues on FDCPA Reform
18 July 2013