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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ARM Companies Well-Represented in Bankruptcy Filings
27 July 2012
Illinois "Debtors Prison" Bill Signed into Law
26 July 2012
Municipal Services Bureau Expands Collection Operations in Hawaii
26 July 2012
ACA International Education Foundation Announces 2012 Scholarship Winners
25 July 2012
Number of Consumers with an Account in Collection Grows
25 July 2012
ARM Company USCB, Inc. Rebrands as USCB America
25 July 2012
Aktiv Kapital Scores Large Debt Portfolio from Bailed-Out Spanish Bank
25 July 2012
Comprehensive Report Released on FTC Debt Collection Complaints
24 July 2012
ACA International Launches New Collector Training DVD
24 July 2012
Portfolio Recovery Associates Names Head of Acquired Unit, Mackenzie Hall
23 July 2012
Consumer Lawyer Gives Bad Advice on Debt Collection Case Loss
20 July 2012
Talk About Old Debt: German Town Reveals 450 Year-old Receivable
20 July 2012
NCO Group/APAC Announces New President in the Philippines
20 July 2012
ANOTHER Collection Agency Shut Down Over Payday Loans
19 July 2012
Executive Change: Convergent Hires Utility Veteran to Lead New Division
19 July 2012
State Sues Payday Loan Collection Agency
18 July 2012
CBE Group Retains Consulting Firm to Conduct Proactive CFPB Assessment
18 July 2012
Mercantile Adjustment Bureau Buys Assets of Zenith Acquisition Corp
18 July 2012
Aged and Out-Of-Stat Accounts Webinar Now Available Free on Demand
18 July 2012
FDCPA Lawsuits Could Decline in 2012 After Years of Growth
17 July 2012
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