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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Collection Letter with Written Dispute Demand Violates FDCPA: Court
10 June 2013
Industry Veteran Rakesh Kumar Forms Global Channel Partnership
10 June 2013
ARM Data Exchange Standards Focus of FTC/CFPB Collection Roundtable
7 June 2013
ACA Looking for Collection Agencies to Take Survey, Help in TCPA Reform Efforts
7 June 2013
CFPB Panel 2: Verifying Disputed Debts Under the FDCPA/FCRA
6 June 2013
CFPB Panel 1: Info Available to Debt Collectors at Time of Assignment, Sale
6 June 2013
Heather Allen: Overview of the FTC's Debt Buyer Study
6 June 2013
John Tonetti: Flow During the Debt Cycle
6 June 2013
M&A in the ARM Industry Mirrors Broader Market
5 June 2013
Express Consent under the TCPA… Is it Safe?
5 June 2013
10 Steps to Close the Loop on Consumer Complaints
5 June 2013
Powerful Senator Calls for FDCPA Reform in Letter to CFPB
5 June 2013
Executive Change: David E. Greenberg to The Law Offices of Gary A. Bemis
5 June 2013
Stellar Recovery, Inc. Announces Completion of ISO 27001 Certification
5 June 2013
Multi-State Investigation Into Debt Collection Reportedly Underway
4 June 2013
Monarch Recovery Management Sends Relief to Oklahoma Tornado Victims
4 June 2013
Executive Change: MSB Welcomes Leah Huff as New Business Development Executive
4 June 2013
CFPB Expands Consumer Complaint Database; Debt Collection Up Next
3 June 2013
Don't Forget About the ACA's Scholarship Program for ARM Professionals
3 June 2013
Executive Changes: Mattia and Associates Adds Two New Key Executives
3 June 2013
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