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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Are We Out of the Economic Woods? Not Quite Yet
12 December 2011
Executive Change: Account Control Technology Announces New COO
12 December 2011
Collection Agency Merchants & Medical Credit Corp. Makes Donation to Area Charity
12 December 2011
Harvest Strategy Group Announces New Board Member
12 December 2011
Preventable Collections Lawsuits: What Does the Future Hold?
9 December 2011
Collection Agency Raises Over $12,000 for Making Strides Against Breast Cancer
8 December 2011
Executive Change: Michael Rogers to Integral Recoveries, Inc. as National Sales Manager
8 December 2011
Best Places to Work in Collections Winner: Third Time and Going Strong
7 December 2011
ARMing Heroes Recognizes Top Donors
7 December 2011
The Round-Up: Sexual-Scandal Blackmail Alleged to Collect on Car Loan
7 December 2011
Debt Collection Cease and Desist Letters: The Unintended Consequences
6 December 2011
Convergent Completes Name Change and Re-branding
6 December 2011
Executive Change: FAMS Announces Kevin Inches as VP of Financial Services
6 December 2011
Winners and Rankings Announced for the 2011 Best Places to Work in Collections
5 December 2011
Collection Agency Named One of South Carolina's Fastest-Growing Companies
5 December 2011
iQor Wins Eight Year Contract with Capita for the Collection of BBC TV Licensing Fee Arrears
5 December 2011
UK Collector Mackenzie Hall Sponsors Cash for Kids Christmas Lunch
5 December 2011
CBV Collection Services Acquires Primary Financial Services
5 December 2011
I.C. System Sends Key Executives to Washington, D.C. for Industry Fly-in
2 December 2011
The Round-Up: Debt collector likens title company's action to blackmail
2 December 2011