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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FDCPA and TCPA Lawsuits Rise in September
21 October 2014
SKYLINK Group of Companies Announces Acquisition and Corporate Reorganization of Bond Street Collections
20 October 2014
Circuit Court Rules Against Debt Collector in TCPA Decision Supported by FCC Brief
17 October 2014
NPR Explores the Underworld of Debt Buying and Collection
17 October 2014
ARMing Heroes Board of Trustees Expands by Three
16 October 2014
Operator of Scam Collection Agency Pleads Guilty to Federal Charges
15 October 2014
Critical Mistakes to Avoid When It Comes Time to Sell a Business
15 October 2014
Hear the Latest on "Vicarious Liability" and Other Creditor-Focused Compliance Trends From Legal and Ops Experts
15 October 2014
Vision Financial Corp. Achieves ARM Industry Gold Compliance Standard, TECH LOCK Certified
15 October 2014
New Credit Agreement: GFKL Successfully Agrees a €100 Million Refinancing Package
15 October 2014
ARM Firms Should Not Be Deceived by TCPA Victories
14 October 2014
Judge Rules that One Message Does Not Trigger FDCPA Liability
13 October 2014
New Book Explores World of Secondary Debt Buying and Scam Collection Agencies
10 October 2014
FTC and CFPB Announce Speakers for "Debt Collection & the Latino Community" Roundtable
10 October 2014
ACA Submits Comments Opposing CFPB's Request to Collect Data Under Streamlined Process
10 October 2014
Circuit Court Says Autodialed Collection Calls to VoIP Line Carrying Charges Violated TCPA
9 October 2014
Collection Law Firms and Third Party Agencies Now Eligible for DBA International Certification Program
9 October 2014
CBE Employees Choose by "Overwhelming Response" to Donate $6000 to ARM Vets Charity
9 October 2014
Executive Changes: Account Control Technology Appoints CFO and CIO
9 October 2014
AT&T Enters $45 million TCPA Settlement; External Collection Agencies Also Involved
8 October 2014
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