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.

See all Topics

Whitepaper Examines CFPB Compliance, Speech Analytics

30 April 2013

Calling a Consumer a Liar Grounds for Continuing FDCPA Case

29 April 2013

Stellar Recovery CEO Nominated for Top 30 Under 30 Award

29 April 2013

Top Reasons Some ARM Companies Don’t Work with Debt Settlement Providers

29 April 2013

Four Social Media Tips ARM Firms Can Learn from Hospitals

26 April 2013

Bill Collectors Double Down for Bronze Star Navy Vet

26 April 2013

CFPB In Action: A Roundup of Recent Activity - April 23, 2013

25 April 2013

New York Assembly Passes Debt Collection Bill; Also Lowers Statute of Limitations

25 April 2013

Where ARM M&A and Compliance Intersect

25 April 2013

NARCA Sponsors Financial Literacy Day On The Hill

25 April 2013

Is Every Debt Collection Call a Violation of the Law?

24 April 2013

Stellar Recovery Announces Successful Completion of SSAE 16 Type II

24 April 2013

Executive Change: Danielle Banner Promoted to VP of Operations at Estate Information Services

24 April 2013

Glasser and Glasser Send Attorney "Over the Edge" in Support of the Make a Wish Foundation

24 April 2013

Senate Hearing on CFPB Focuses on Data Collection and Supervision

23 April 2013

Receivables Management Association of Canada Launches Blog Feature

22 April 2013

Stellar Recovery Announces Reorganization of Executive Staff: New CEO, President

22 April 2013

To Sell to a Strategic, Financial or an Industry Buyer? Growth May Guide Your Decision

19 April 2013

NCO Group and APAC Win Customer Service Technology Award

19 April 2013

UK News: One-Legged Man Pulls Gun on Debt Collector; Hilarity Ensues

19 April 2013