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 You in the Circle of Trust?
8 June 2011
Do You Know What a Collection Agency Does?
8 June 2011
Claims of Debt Collector Abuse Continue to Fail in Court
7 June 2011
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Remember: It's not a debate!
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Collection Agency General Service Bureau Achieves Record Employee Growth
31 May 2011
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