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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CFPB Issues Guidelines for "Responsible Conduct" of Enforcement Targets
26 June 2013
Iraq Veteran’s $8,000 Account Forgiven by Debt Buyer
25 June 2013
Executive Change: Account Control Technology Hires Dave Noll as VP Quality Assurance
25 June 2013
State-Level Government Debt Collection Outsourcing Expanding
24 June 2013
ED Debt Collectors Only Bright Spot as Federal A/R Nears $1 Trillion
24 June 2013
National Recovery Agency Recognized by Pennsylvania Department of Public Welfare
24 June 2013
ACA and HFMA Team Up on Medical Debt Collection Guidelines
21 June 2013
Is Working with Debt Collectors a Better Option than Debt Relief Firms?
21 June 2013
Illinois Appellate Decision Seen as Major Victory for Debt Buyers and Collectors
20 June 2013
Account Control Technology Foundation Chairman Rides to Arctic Circle to Support Education
20 June 2013
Some Collection Agencies Already Have Practice with CFPB Complaints
19 June 2013
Array Services Group Adopts Minnesota Highway
19 June 2013
ARM Survey Reveals Major Differences in Operations Based on Company Size
18 June 2013
Collection Agencies Greystone Alliance and Turning Point Capital Announce Merger
18 June 2013
Delta Outsource Group Earns Management Certification from International Trade Association
18 June 2013
How to Analyze and Categorize Consumer Complaints - Yes this Means You!
17 June 2013
Think Your Debt Dispute Process is Solid? Three Overlooked Laws Cause Turmoil
17 June 2013
Array Services Group Announces Enhanced Website and Social Media Presence
17 June 2013
Mike Ginsberg's Take on Recent ARM Developments
14 June 2013
Medical Debt Reporting Bill Gains Support in House
13 June 2013
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