A credit card receivable is money owed to a bank or issuer on the outstanding balance in a credit card account. Because the borrower is contractually obligated to pay the balance, the creditor expects this amount to be repaid. If a borrower does not repay the balance, it is often charged off as a loss. Since credit card usage is so widespread, and account balances can soar quite high, credit card receivables form the backbone of many financial services functions, such as asset-backed securities, debt collection, and debt buying.

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29 March 2017

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25 January 2017

Massachusetts Proposes New Rules for Collection Litigation on Credit Card Debt

15 December 2016

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12 December 2016

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21 November 2016

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8 September 2016

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18 August 2016

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District Court Rules in Favor of Bank in Mandatory Arbitration Case

16 August 2016

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19 May 2016

Bank of America Hit With Class Action Over Debt Collection Litigation on Securitized Accounts

17 March 2016

CFPB Fines Citibank and Two Law Firms over Debt Sales and Debt Collection Practices

24 February 2016

Class Certification Rejected in Alleged FDCPA/RICO Suit Against Sherman Financial Group

26 January 2016

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9 October 2015

No Surprises At CFPB's Arbitration Field Hearing

8 October 2015

7th Cir. Confirms FDCPA Is Not Enforcement Mechanism for Matters Governed by Other Federal or State Laws

1 October 2015

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30 September 2015