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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To Sell to a Strategic, a Financial, Or an Industry buyer: That is the Question
1 April 2013
IAT White Paper Reveals Facts About Dialing Solutions
1 April 2013
South Carolina Debt Collection Laws: Smiling Faces. Beautiful Places
1 April 2013
State AG Settles with Debt Collector of Payday Loans
29 March 2013
ERC Announces Signing of Major Contract with One of Largest Student Loan Organizations
29 March 2013
Class Action Status Granted to FDCPA-TCPA Voicemail Case
28 March 2013
Decorated But Struggling Vet Gets Debt Settlement Deal, Grant Through ARMing Heroes
28 March 2013
Pennsylvania Debt Collection Laws: You’ve Got a Friend in Pennsylvania
28 March 2013
Executive Changes: Merchants Association of Florida Announces Recent Hires
28 March 2013
FTC Settles with ARM Firm for $800,000 Over Convenience Fees
27 March 2013
CollectorTech Provides Alternative to the Traditional Call-Center White Board
27 March 2013
NARCA Collection Conference Focuses on Best Practices for Compliance and Performance
27 March 2013
Executive Change: Account Control Technology Hires Brian Shively as Operations Director
27 March 2013
None of the Collectors that Faced FTC Actions Last Year are Larger Market Participants
26 March 2013
Ireland Considers Hiring Private Debt Collection Agencies
26 March 2013
Executive Change: Aleah Raymond to Monarch Recovery Management, Inc. as Director of Business Development
26 March 2013
Executive Change: Medical Recovery Specialists Adds Talent to Management Team
26 March 2013
Statutes of Limitations Frustrate Debt Collectors and Consumers
25 March 2013
Learn from the Madness: Tips for Improving your Collections Team
25 March 2013
Mike Ginsberg: Remembering an ARM Industry Stalwart
25 March 2013