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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Talk About Old Debt: German Town Reveals 450 Year-old Receivable
20 July 2012
NCO Group/APAC Announces New President in the Philippines
20 July 2012
ANOTHER Collection Agency Shut Down Over Payday Loans
19 July 2012
Executive Change: Convergent Hires Utility Veteran to Lead New Division
19 July 2012
State Sues Payday Loan Collection Agency
18 July 2012
CBE Group Retains Consulting Firm to Conduct Proactive CFPB Assessment
18 July 2012
Mercantile Adjustment Bureau Buys Assets of Zenith Acquisition Corp
18 July 2012
Aged and Out-Of-Stat Accounts Webinar Now Available Free on Demand
18 July 2012
FDCPA Lawsuits Could Decline in 2012 After Years of Growth
17 July 2012
Delaware Governor Markell and Cabinet Secretary Levin Visit Phillips & Cohen Associates
17 July 2012
Laws Unfairly Treat Debt Collectors Differently on Credit Card Payments
17 July 2012
Collection Industry Process Serving Standards Now in Commenting Phase
16 July 2012
State Dismisses Debt Collection Cases Per Settlement
13 July 2012
Franken's New Bill a Revival of 2010 FDCPA Proposal
12 July 2012
Executive Change: Jeff Falk Promoted to CIO at Estate Information Services
12 July 2012
The Benefits of Participating in Best Places to Work in Collections 2012
11 July 2012
Agreeing on Standards for Collection Process Serving Can be Tricky
11 July 2012
Phillips & Cohen Associates Announces New Office in Quebec
11 July 2012
Municipalities in New Jersey Begin Using Private Debt Collectors
10 July 2012
Executive Change: Don Taylor Named President of Automated Collection Services
10 July 2012
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