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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United Recovery Systems Acquires ARM Firms Plaza Associates and ACB
3 November 2011
The Round-Up: State Freezes Collection Suits; Jobs Available for Collectors
3 November 2011
I.C. System Launches Consumer Help Line and Website
3 November 2011
Stellar Recovery Shuffles Execs After 2011 Growth
3 November 2011
CBE Group Leadership Members Present at Financial Conference
3 November 2011
Setting the Record Straight: Bad Local Press for Collection Agencies
2 November 2011
Hurricane Irene Forces BCP Activation at EOS CCA, Fast Action Reduces Risk of Loss
2 November 2011
State Suspends ARM Firm's License; Company Responds
1 November 2011
Iraq War Vet Shares Story; Urges ARM Industry to Support Military Veterans
1 November 2011
Local, State and Federal Government Debt Collection: An Industry Primer from insideARM.com
1 November 2011
Collection Agency Launches Timeshare Operators Educational Series
1 November 2011
Executive Change: Persolve, LLC Appoints Kevin Frazier as VP of Business Development
1 November 2011
LCS Financial Services Achieves ISO/IEC 27001:2005 Certification
1 November 2011
Large European ARM Firms Announce Third Quarter Results
31 October 2011
FMA Alliance Adding Collectors at New Houston Facility
31 October 2011
Stawiarski & Associates, P.C. Unveils New Website and Logo
31 October 2011
Governments Stuck Holding $180 Billion Tab
31 October 2011
Weekly Wrap-Up Podcast - Week of October 24
30 October 2011
More Opportunities for Student Loan Collectors at ED Meeting
28 October 2011
Debt Buyer Barred from Collection Activities in West Virginia
28 October 2011