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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Florida Federal District Court Disregards FCC’s 2008 Ruling Regarding Consent
20 May 2013
Debt Collection Bills Advance in Western States
17 May 2013
Another Large UK Debt Collection Deal: Lowell Group Acquires Interlaken Group
16 May 2013
Small Claims Courts are Not Judicial Districts Subject to Section 1692i of FDCPA
16 May 2013
UK ARM Giant Cabot Sold in Private Equity Deal
15 May 2013
Americans with an Account in Third Party Collections Hits All-Time High...Again
15 May 2013
UK Debt Collector Liquidates As Part of NCO Acquisition
14 May 2013
Executive Change: LMM Management Announces Danny Czyrny as New COO and EVP
14 May 2013
Executive Change: CU Recovery Announces Formation of Marketing Department; Hires Jane Ferro to Run
14 May 2013
Whitepaper from Ontario Systems Explains How to Dial Smarter
14 May 2013
Ontario Systems VP Rozanne Andersen to Highlight Consumer Debt Collection Practices at World Credit Congress in South Africa
13 May 2013
CFPB Returns Focus to Debt Collection: CFPB in Action
13 May 2013
Executive Change: Brown & Joseph Appoints Jessica Schneider as Comptroller
13 May 2013
Empereon-Constar Expanding Call Center Operations, Creating 350 Jobs
8 May 2013
Are Debt Collectors Missing a Chance to be "Inside" the CFPB?
7 May 2013
Executive Change: Kaye Dreifuerst Named President of Security Credit Services
7 May 2013
Could a Credit Scoring Change Benefit Debt Collectors?
6 May 2013
HOW, WHAT, WHERE, WHEN, WHO?: Process Serving and Collections
6 May 2013
Dismissed Lawsuit Against Debt Buyer Tried to Hop on Robo-Signing Bandwagon
3 May 2013
Executive Changes: F.H. Cann Adds Top Talent to Executive Team
3 May 2013