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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RevSpring Acquires BestBill

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Closely-Watched Debt Collection Process Serving Case Gets Class Action Status

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Executive Change: John Stock Joins Gatestone as VP

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Paul Morrow to Hold Part Two of Teleseminar Series

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How to Analyze a Balance Sheet to Understand a Company's Ability to Pay

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Portfolio Recovery Associates Named One of Fortune's 100 Fastest-Growing Companies

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