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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Private Equity Firm Acquires Medical ARM Company Receivables Management Partners
1 August 2012
Student Loan ARM Firm FMS Announces Corporate Reorganization
1 August 2012
Medical Debt Collector Accretive Settles with State for $2.5 million
31 July 2012
Optimum Outcomes Acquires Medical ARM and Revenue Cycle Companies ACS
31 July 2012
New Patent Could Turn U.S. Debt Portfolio Market on its Ear
31 July 2012
Unlocking a Company's Ability to Pay Key for Collection Agencies
31 July 2012
Citibank Debt Collectors Convicted for Roles in Debtor's Death Declared Fugitives
30 July 2012
Two Collection Industries: Legitimate and Rogue
27 July 2012
ACA International Elects New Leadership
27 July 2012
ARM Companies Well-Represented in Bankruptcy Filings
27 July 2012
Illinois "Debtors Prison" Bill Signed into Law
26 July 2012
Municipal Services Bureau Expands Collection Operations in Hawaii
26 July 2012
ACA International Education Foundation Announces 2012 Scholarship Winners
25 July 2012
Number of Consumers with an Account in Collection Grows
25 July 2012
ARM Company USCB, Inc. Rebrands as USCB America
25 July 2012
Aktiv Kapital Scores Large Debt Portfolio from Bailed-Out Spanish Bank
25 July 2012
Comprehensive Report Released on FTC Debt Collection Complaints
24 July 2012
ACA International Launches New Collector Training DVD
24 July 2012
Portfolio Recovery Associates Names Head of Acquired Unit, Mackenzie Hall
23 July 2012
Consumer Lawyer Gives Bad Advice on Debt Collection Case Loss
20 July 2012
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