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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Department of Education Taps 11 Small Business Collectors for Student Loan Contract
7 October 2014
Northland Group Acquires Accounts Receivable Management, Inc.
7 October 2014
Fingerprint Requirement Now in Force for ARM Executives in Florida
7 October 2014
CFPB Gets Testy in Latest Filing in Debt Collection Law Firm Enforcement Action
6 October 2014
Important Factors for ARM Professionals Formulating 2015 Budgets and Strategic Plans
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30% of Online Payday Loan Borrowers Threatened by Lender or Debt Collector
3 October 2014
ACPAC Supports Congressman Cory Gardner in Senate Race
3 October 2014
Affinity Global Acquires Leading Edge Recovery Solutions
3 October 2014
Collection Complaints Fall in August, But More Claim Debt is Not Theirs
2 October 2014
Intrum Justitia to Acquire Danish Telecom Debt Collection Agency
2 October 2014
Simon's Agency, Inc. Breaks Ground On New Facility in Preparation for Expansion
2 October 2014
Debt Collector's Testimony May Be Critical in Murder Trial
1 October 2014
Compliance Acronym Stew: Is Your Collection Agency at Risk? Part III: Red Flags, GLBA, and HIPAA
1 October 2014
Todd, Bremer & Lawson Selects Ontario Systems for Outsourced Compliance Partnership
30 September 2014
Circuit Court Sides with Debt Collector in Reversing Controversial TCPA Ruling
30 September 2014
Nationwide Credit Bureaus Launch New Training System to Support Data Furnisher Accuracy
29 September 2014
Best Places to Work in Collections 2014 Winners Announced
29 September 2014
Class Action Explores Door Hangers as Collection Communications Under FDCPA
26 September 2014
NARCA Submits Response to CFPB Consumer Narrative Proposal
26 September 2014
Congressman Lacy Clay Visits ACA's D.C. Office for Campaign Fundraiser
26 September 2014
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