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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NCO Group Reports Expanded Loss in Q3, But Bullish on Opportunity
16 November 2010
Tracesmart Sales Director Joins 2010 Debt Collection Awards (UK) Judging Panel
15 November 2010
A Movement is Growing in the ARM Industry, and its Seeds are Discontent - Part II
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10 November 2010
Government Revenue Collection Association Hosts Free Webinar: Creating the Ideal Collection Environment
10 November 2010
The Intelitech Group Introduces New Training System for Debt Collectors
10 November 2010
Some Specific Steps to Prepare Your Collection Agency for Sale
10 November 2010
Debt Collection Agency Founder Featured in China Daily
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Portfolio Recovery Associates Wins Award for Business Excellence and Community Involvement
9 November 2010
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Stanley Morgan & Associates Announces Quick Pay Program To Clients Before Holidays
8 November 2010
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