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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How Trustworthy is the FTC's Debt Collection Complaints Data?
20 March 2012
Former Debt Collector Not a Fan of Debt Collectors
20 March 2012
Billionaire to Launch Collection Agency in Poland
19 March 2012
Collection Agency Hosts U.S. Congressman for Visit
19 March 2012
Government Probe of Chase Bank's Debt Collection Practices, Part II
16 March 2012
United Recovery Systems Acquires ED Collector Enterprise Recovery Systems
16 March 2012
FTC Settlement Bans Two Abusive Debt Collectors from Industry
15 March 2012
The Most Treacherous Place for Debt Collectors in the U.S.A.
15 March 2012
Event to Explore Process Serving Standards for Debt Collection
15 March 2012
FDCPA Lawsuits Increase in Second Half of February
15 March 2012
NCO Group Announces Tender Offers and Consent Solicitations
14 March 2012
Lying Down with Big Dogs: JPMorgan Chase
14 March 2012
Coaching for Optimal Collections Performance
14 March 2012
Executive Change: Roni Teson to AllianceOne as VP of Business Development
14 March 2012
State Tax Traps for Debt Collection Agencies
14 March 2012
The Round-Up: S&P May Raise NCO Group Bond Rating
13 March 2012
ARM Executive Garrett Schanck Receives "40 Under 40" Recognition
13 March 2012
Northstar Announces Major Canadian Expansion
13 March 2012
More Collectors Working with Debt Settlement Companies, Part II
13 March 2012
Government Probing Chase Debt Collection Practices: Report
13 March 2012
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