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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Navigating the Choppy Waters of a Sale to a Third Party
12 October 2012
ACA International Dispels Myths About Consumer Debt Collection
12 October 2012
Debt Settlement and Debt Collection: Friends, Foes and the FTC
11 October 2012
CFPB to Hold Field Hearing in Seattle on Debt Collection
11 October 2012
Seasoned Auto Finance Executive Launches Loan Portfolio Servicing
11 October 2012
Asset Class Diversification is Actually Working for some in the ARM Industry
10 October 2012
Debt Collection to Get Reality TV Treatment; Bad Times Ahead
9 October 2012
Collectcents Inc. Acquires Collection Group of Canada
9 October 2012
Regional Company Urges ARM Firms to Match $100 Donation for Vets
9 October 2012
Double Success for Phillips & Cohen Associates UK
9 October 2012
LiveVox CMO Named Chairman of FSCC 2012
9 October 2012
Northland Group Receives Resurgent Capital Services Awards
8 October 2012
Paper Launches Investigative Series on Debt Collection
8 October 2012
Couch, Conville & Blitt Receives SSAE 16 SOC1 Certification
8 October 2012
Easy, Free Methods to Detect Potential Fraud
8 October 2012
ARM Attorneys Win Case Challenging New York City Debt Collection Law
5 October 2012
Mike Ginsberg on the Future of Collections
5 October 2012
Fake Courtroom Debt Collector Wins Right to Fight $1.2 million Fine
4 October 2012
American Profit Recovery Hosts Dunk Tank, Kicking Off Making Strides Fundraising
4 October 2012
Retail Customer Service Tips: A Primer for Debt Collection Agencies
3 October 2012