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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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Top 10 Pitfalls to Avoid When Selling a Business

7 May 2015

CFPB Issues Report on “Credit Invisible” Consumers

6 May 2015

Do Collector Bonuses Send the Wrong Message, Impact Compliance?

6 May 2015

New Whitepaper from CBE Companies Examines the 10 Commandments of Onboarding Your Outsourcers

6 May 2015

Two Positive Decisions for the Industry Regarding Chapter 13 Cases

5 May 2015

Sherloq Solutions, Inc. Donates More Than $70,000

5 May 2015

Empereon-Constar Expands Services To Cross-Border E-Commerce Outsourcing Solutions

5 May 2015

Larger Market Participants Convene in Washington for High Level Discussion

4 May 2015

Executive Change: Attorney Joann Needleman Joins Clark Hill

4 May 2015

Kaulkin Ginsberg-UMD Research Fellowship Program Benefits ECON Students

4 May 2015

FDCPA Lawsuits Still Rising in Early Part of 2015 as TCPA Claims Decline

1 May 2015

ConServe Employees Support Local Youth

1 May 2015

Debate Over North Carolina Debt Buyer Bill Gets Personal, and Nasty

30 April 2015

ARM Acquisition: The CMI Group Buys The Affiliated Group

30 April 2015

ACA International Board of Directors Support Legislation to End Operation Choke Point

30 April 2015

Executive Change: Bill Lindala to Federated Adjustment Company as Director of Operations

29 April 2015

Executive Change: Phillips & Cohen Associates Hires Matthew Winnington as VP

29 April 2015

Federal Judge Sides with Collection Agency and Debt Buyer in Letter Class Action

28 April 2015

TECH LOCK's Support of ARM Vets Charity Provides Marine Help with Expenses, Hope for Housing

28 April 2015

Filing a TCPA lawsuit? There's an App for that

27 April 2015

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