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 Changes: Associated Credit Services Names Two New Execs
30 November 2010
Professional Placement Services, LLC Receives 2010 Best of Milwaukee Award
29 November 2010
Intrum Justitia Enters Strategic Partnership with Swiss Post
29 November 2010
Executive Change: Amy Kinda Named VP, Client Relations at Creditors Interchange
24 November 2010
State Suspends Debt Collector's License Because of Lender
23 November 2010
ARM Vets Charity Goal Exceeded, Grant Requests Accepted Through December 10th
23 November 2010
ARM Professionals Donate 1,000 Turkeys to Kick-Off St. Mary's Food Bank Alliance Super Saturday Event
23 November 2010
A Pep Talk For The Debt Collection Industry
22 November 2010
Media Receivable Management, Inc. Reaches Agreement to Take over ARM Operations of Borden, Jones & Mitchell
22 November 2010
Executive Change: AllianceOne Hires Senior Business Development Executive
22 November 2010
Talk of Stability Returns Among ARM Professionals
19 November 2010
National Asset Recovery Services (NARS) Acquires Debt Collector Pinnacle Financial Group
19 November 2010
I.C. System President and CEO Ken Rapp Retires
19 November 2010
Welcome to the New insideARM.com
18 November 2010
Southwest Credit Raises More than $9,600 for Improving Income, Education and Health
18 November 2010
ACA International Alert on Mississippi Debt Collection Scam
18 November 2010
DebtPlough.com Launches Website to Compare UK Debt Collection Agencies
18 November 2010
Rozanne Andersen Out as Head of ACA International
17 November 2010
WV AG Settlement with Debt Collector Includes $7.9 million in Debt Cancellation
17 November 2010
ACA International to Participate in 2011 World Credit Congress
16 November 2010