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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CFPB Publishes Over 7,700 Complaint Narratives About Companies, 29% Are About Debt Collection
25 June 2015
Account Control Technology Foundation Announces Winners of $50,000 in College Scholarships for 2015
25 June 2015
The CFPB's Latest Supervision Report Highlights Compliance Deficits in the Collection Industry
24 June 2015
Hospital Physician Partners Rolls Out CarePayment to Hospital Emergency Departments in More Than 20 States
24 June 2015
FBCS, Inc. Announces the Renewal of SSAE-16, PCI-DSS Certification and ISO 27001/27002 Compliance
23 June 2015
insideARM Announces Inaugural First Party Outsourcing Summit October 13-14, 2015
22 June 2015
CFPB Finds 90 Percent Rejection Rate For Student Loan co-Signers Seeking Release
19 June 2015
6/18/2015: FCC's Post-TCPA Decision Press Release
19 June 2015
CFPB Takes Action Against Medical Debt Collector, Largely For Lack of Policies and Procedures
19 June 2015
"The Ayes Have It" -- FCC Passes Declaratory Ruling on Portions of the TCPA
18 June 2015
CFPB Issues its Seventh Semi-Annual Report to Congress
18 June 2015
KM² Solutions Continues Expansion Plans in the Caribbean and Central America
18 June 2015
Photographer Seeks to Humanize, Personalize the Face of Student Loan Debt
17 June 2015
Veteran-Owned Firms Sought to Collect Federal Student Loans
17 June 2015
New York AG's Office Compels Collectors to Help Root Out Bad Players in the Industry
16 June 2015
12 New FAQs from the NYDFS Offer Some Clarification for Debt Collectors and Debt Buyers
16 June 2015
Now in the CFPB's Sights: Collectors Hired by State & Local Government Agencies
15 June 2015
Marketing Your ENTIRE Company
15 June 2015
Rocky Mountain Recovery Group Announces Expanded Nationwide Debt Collection Services
15 June 2015
Risks, Rather than Rewards, Still the Rule for Text Communications with Consumers
15 June 2015
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