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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New Rules for Debt Collection Suits Finalized in New York Courts
17 September 2014
Executive Change: Accounts Receivable Technologies Announces Paul Brennan as Partner & Chief Strategy Officer
17 September 2014
Circuit Court: Collection Letter from Law Firm Demanding Payment Violates FDCPA
16 September 2014
NPR this Week Focusing on Wage and Bank Account Garnishment in Debt Collection
16 September 2014
Global Commercial Collection Agency Celebrates 85th Anniversary
16 September 2014
ARM Law Firm Files Motion to Dismiss CFPB's FDCPA Enforcement Action
15 September 2014
Sneak Peak: What You'll Learn at the Upcoming Free Compliance Management System Webinar
15 September 2014
Frost & Sullivan Award Highlights Momentum for Genesys
15 September 2014
Collection Agency in Visible Account Number FDCPA Case Requests Rehearing
12 September 2014
Consumer Group Calls for CFPB Oversight of Medical Debt Collection in Report
12 September 2014
ARMing Heroes Announces Donor Dog Tags Promo with Start of Annual Fundraiser
11 September 2014
Executive Change: Pyramid Healthcare Solutions Names New Chairman and CEO
11 September 2014
The CFPB Has a Back-to-School Reading List for You
10 September 2014
Regulators Urge Caution and Full Disclosure on Time-Barred Debt Collection
10 September 2014
U.S. Rep. Proposes Sweeping Changes to FCRA, Including Furnisher Mandates
10 September 2014
Compliance Acronym Stew: Is Your Collection Agency at Risk? Part II: PCI DSS
10 September 2014
BofA Wins Dramatic Attorney Fee Reduction in TCPA/Debt Collection Call Class Action
9 September 2014
Mid-Year Predictions: What to Watch for in the ARM Industry
9 September 2014
Stellar Recovery Finds Link Between Health and Wealth
9 September 2014
Collectors Master One Piece of the Call Monitoring Puzzle
9 September 2014
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