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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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Free Webinar Promises World-Class Compliance on a Budget

8 September 2014

More Consumers Claiming Debt Collectors Calling About Invalid/Paid Debt

8 September 2014

10 Point Checklist: A Must for Any Marketing Plan

8 September 2014

Debtor that Attacked Debt Collector with Axe in Singapore Pleads Guilty

8 September 2014

Kaulkin Ginsberg Releases 2014 Accounts Receivable Management Mid-Year Review

8 September 2014

Enterprise Recovery Systems Hosts Congressional Visit By Rep. Peter Roskam

8 September 2014

Circuit Court Rules Dispute in Writing Not Needed to Sue Under FDCPA

5 September 2014

Stellar Recovery, Inc. Announces Organizational Changes and Promotions

5 September 2014

Resulv Launches Second Free Compliance Tool for Collection Vendors

5 September 2014

Is Auto Finance an ARM Sector on the Rise?

4 September 2014

Consumer Group Blasts ED Student Loan Collectors in Horribly Biased Report

3 September 2014

White Paper Shows How Statistical Models Can Improve Medical Debt Collections

3 September 2014

LocateSmarter Awarded Patent for Cloud-Based Skip Tracing Application

3 September 2014

Executive Change: Frost-Arnett Taps W. Judd Peak as Corporate Compliance Officer

3 September 2014

Group to Study Uniform State Laws for Debt Buying and ARM Industry

2 September 2014

NARCA President Among New Members of CFPB Consumer Protection Advisory Board

29 August 2014

Kaulkin Ginsberg Kicks Off Fall 2014 Research Fellows Program

29 August 2014

Circuit Court: Visible Account Number in Collection Letter is an FDCPA Violation

29 August 2014

Genesys Webinar Shows Why Collection Agencies Need Speech Analytics

28 August 2014

Compliance Acronym Stew: Is Your Collection Agency at Risk? Part I: SSAE-16

28 August 2014

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