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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Five New Year’s Resolutions for the Conscious Collector
4 January 2012
Bill Bartmann Still Trying to Make His Pledge Happen
4 January 2012
Financial Management Systems Donates $25,000 to the Israel Idonije Foundation
4 January 2012
Van Ru Ends the Year by Spreading Some Holiday Cheer
4 January 2012
BBB Chapter Releases Report on Debt Collectors
3 January 2012
National Media Spends Holiday Bashing Debt Collectors
3 January 2012
Executive Change: Account Control Technology Appoints New CEO
3 January 2012
Third Party Collection Leader Northland Group Wraps Up Holiday Season with Toys For Tots Donations
3 January 2012
Array Services Group Recognizes Importance of Giving Back to the Community
28 December 2011
insideARM.com Wishes You and Yours Everything You've Ever Wanted
23 December 2011
FDCPA Ruling in Favor of Collector Defines One Aspect of "Communication"
22 December 2011
How Can Debt Collection Agencies Deal with a Negative News Story?
21 December 2011
GB Collects Donates Toys and $1000 to Children for the Holidays
21 December 2011
MRS Helps 200 Families Enjoy the 2011 Holiday Season
21 December 2011
National Recovery Services Does Charitable Giving Right Through the First Annual "PROJECT HOLIDAY SPIRIT"
21 December 2011
Best Places to Work 2011: Attention to Employees Key to Success
20 December 2011
Collection Agency Endorsed By Vermont Veterinary Medical Association
20 December 2011
NRA Group Launches Holiday Food Drive
19 December 2011
Intrum Justitia to Shut Down Operations in Latvia and Lithuania
19 December 2011
Credit Bureau of Canada Collections Acquires Recovercorp
19 December 2011
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