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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Unemployed in New York City? Consider Debt Collection
4 June 2012
FDCPA Lawsuits Fall Significantly in First Half of May; Filings Off Nearly 5% for Year
31 May 2012
Webinar Tomorrow: Guarantee Compliance
29 May 2012
State, Local Government Turning the Screw on Tax Collection
29 May 2012
Large Settlement Announced in TCPA Class Action Against Collection Agency
25 May 2012
Executive Change: Windham Professionals Names New Chief Operating Officer
25 May 2012
Debt Buyers, Collection Agencies: Be Clearer with Your Collection Letters
24 May 2012
Guaranteeing Collection Agency Compliance: A Whitepaper and Webinar
24 May 2012
Texas Chapter of ACA International Receives Certificate of Excellence
23 May 2012
Executive Change: Scott Beaupré to Northland Group as VP of Business Development
23 May 2012
Collection Industry Donors Pay Off Veteran's Federal Student Loan through ARMing Heroes
23 May 2012
The Collection Equation: Seven Tips for Effective Debt Collection
22 May 2012
Executive Change: FMA Alliance and RCP-Revenue Cycle Professionals Add Business Development Director
22 May 2012
Collection Agency Supports Police Athletics/Activities League
22 May 2012
Collection Agency Southwest Credit Opens New Office in Colorado
21 May 2012
Creditors Interchange Highlights Charitable Giving
21 May 2012
State Supreme Court Dismisses AG Suit Against Collection Law Firm...Again
18 May 2012
To Collect from Students, You Need to Connect with Students
18 May 2012
I.C. System Assists in Passing Third Party Collector Licensing Bill in Minnesota
18 May 2012
Real Bill Bartmann Visits N.C. & Other Non-Breaking News
18 May 2012