Debt Collection News

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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ED Announces Ambitious Plan to Create Loan and Debt Management Software

7 April 2016

Witnesses Tell Senate Banking Committee That CFPB Has Hurt Consumers

6 April 2016

Strategic Acquisition of Altus to Drive Significant Future Growth

6 April 2016

New Accounts Receivable Management Provider Combines a History of Strong Revenue Performance with a Meticulous Focus on Compliance and Consumer Relationships

6 April 2016

Convenience Fees: Potential for Mischief?

4 April 2016

NBC Debt Collection Article Includes Some Context, But Could Be Better

1 April 2016