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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Executive Change: Ian Savage to The Sigma Financial Group as CFO
14 November 2011
Weekly Wrap-Up Podcast - Week of November 7
12 November 2011
Doing it Wrong: Debt Collector Becomes Sex Collector, Says ABC 24
11 November 2011
DECA Financial Services, LLC Touts Growth and Expansion
11 November 2011
Judge Sues Newspaper Over Debt Collection Stories
11 November 2011
Sentry Credit to Begin SSAE 16 Type II Audit
11 November 2011
IRS Missed Debt Collection Opportunities After Private Collector Program: Report
10 November 2011
insideARM.com Publishes Debt Settlement White Paper
10 November 2011
Collection Agency Makes $4.3 Million Debt Cancellation Deal with State Enforcement Office
9 November 2011
Why Debt Collection Firms Should Join the Social Media Soiree
9 November 2011
ARM Industry $3,000 Short for Vets, Two Days Left in Drive
9 November 2011
EOS Group Acquires Canadian Debt Collection Agency NCN
8 November 2011
High Risk Business - No Risk Plan?
8 November 2011
Executive Change: Rob Yarmo to Harvest Strategy Group as SVP
8 November 2011
SEO In Action: Protecting Collection Agencies From Negative Search Results
7 November 2011
Fake Hitler Watercolors Probably Won't Be Used to Pay Off Former Swedish Hell's Angel Tax Debt
7 November 2011
Lots and Lots of Jail Time for Former "Collection Agency" Owner
7 November 2011
Weekly Wrap-Up Podcast - Week of October 31
5 November 2011
Buy or Lease Your Collection Call Center? An Agency Owners' Dilemma
4 November 2011
"Return of the Billionaire Huckster" on Forbes.com (Spoiler: it's Bill Bartmann)
3 November 2011