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

FTC Releases Large Multi-Year Debt Buying Study

30 January 2013

Account Control Technology to Expand to Dallas, Texas

30 January 2013

Value Healthcare Services Announces First Company Dedicated to Healthcare Bankruptcy Receivables

30 January 2013

Mike Ginsberg's ABCs of ARM

29 January 2013

insideARM.com Executive Change: Jennifer Szumiesz Promoted to Director of Client Marketing

29 January 2013

Phillips & Cohen Associates Announces International Expansion Plans

29 January 2013

FBCS, Inc. Opens Second Call Center Location

29 January 2013

ARM Industry Urges Supreme Court to Hear FDCPA Case on Fees

28 January 2013

CBE Group Improves Response Time, Performance, Collection Revenue with SAS

28 January 2013

Northland Group Selects Castel Detect for Voice and Speech Analysis Solution

25 January 2013

Green Tree Credit Solutions Increases Collection Rate by 25 Percent Using Latitude Software

25 January 2013

Executive Changes: Array Services Names New Group EVP and VP for J.C. Christensen

25 January 2013

Social Media is Next Horizon in Debt Collection Regulation

24 January 2013

Debt Collectors Help Gold Star Military Mom Keep Family Home

24 January 2013

EOS Acquires Banco Popular Debt Collection Unit for $180 million

24 January 2013

Monarch Recovery Management, Inc. Publishes Whitepaper on Debt Collection Agency Compliance

24 January 2013

Full Results for ED Debt Collection Contract - Q4 2012

23 January 2013

Debt Collectors Causing Spike in UK Suicides: Report

23 January 2013

LHR, Inc. to Now Offer Collection Services to Buyers of U.S. Debt

23 January 2013

Public ARM Firm Performant to Offer More Shares; Gives Guidance on Q4 2012

22 January 2013