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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Consumers Claiming Debt Isn't Theirs On the Rise
17 July 2014
New York Regulator Proposes Debt Collection Rules Based on Previous Comments
16 July 2014
FTC and CFPB to Host Roundtable on Debt Collection and the Latino Community
16 July 2014
Executive Change: Tim Moore joins Automated Collection Services, Inc.
16 July 2014
Collectors Need More Modern Approach when Trusting Data to Vendors
16 July 2014
Risk Management Throughout the Vendor Relationship Lifecycle
16 July 2014
NCO Parent Company Selling Transworld Systems, Divesting Third-Party Collection Unit
15 July 2014
Don't Forget About Your Marketing Goals
15 July 2014
CFPB Sues Debt Collection Law Firm Over Suit Volume, FDCPA Violations
15 July 2014
Circuit Court Holds that Filing a Proof of Claim on Time-Barred Debt Violates FDCPA
14 July 2014
Debt Collection Scammer/Reality TV Husband Gets 8 Years in Prison
11 July 2014
NACS Comes Together to Support Local Children's Hospital
11 July 2014
CFPB Announces $10 million Debt Collection Action Against Payday Lender
10 July 2014
Credit Card Delinquencies Fall Significantly in First Quarter
10 July 2014
Executive Change: New President and CEO Announced at Expert Global Solutions (NCO Group)
10 July 2014
Teleperformance Acquires BPO Firm Aegis USA Inc. for $610 million
10 July 2014
C B Merchant Services Receives Community Partner Award
10 July 2014
Vision Financial Corp. Achieves ARM Industry Gold Compliance Standard, TECH LOCK Certified
10 July 2014
FCC Brief in TCPA Case Against Debt Collector Urges Narrow View on Cell Number Consent
9 July 2014
See Exactly What You Get by Participating in Best Places to Work in Collections
9 July 2014
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