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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Executive Change: Persolve, LLC Appoints Kevin Frazier as VP of Business Development
1 November 2011
LCS Financial Services Achieves ISO/IEC 27001:2005 Certification
1 November 2011
Large European ARM Firms Announce Third Quarter Results
31 October 2011
FMA Alliance Adding Collectors at New Houston Facility
31 October 2011
Stawiarski & Associates, P.C. Unveils New Website and Logo
31 October 2011
Governments Stuck Holding $180 Billion Tab
31 October 2011
Weekly Wrap-Up Podcast - Week of October 24
30 October 2011
More Opportunities for Student Loan Collectors at ED Meeting
28 October 2011
Debt Buyer Barred from Collection Activities in West Virginia
28 October 2011
What's (Not So) Hot for Outsourced Business Services Companies
28 October 2011
Executive Change: Judy Griffith to FMA Alliance as National Director of Biz Dev
28 October 2011
GB Collects' Marketing Coordinator Joins the March of Dimes Committee
27 October 2011
What's Hot for Outsourced Business Services Companies
27 October 2011
Acumen Insurance Services Expands Advisory Board with Addition of Leading ARM Industry Executive
27 October 2011
FTC, U.S. District Court Shutter West Coast Debt Collection Operation
26 October 2011
Array Services Group Launches New Website, Brand Identity
26 October 2011
Judge Rules for Collectors in Unauthorized Charge FDCPA Case
26 October 2011
Presidential Executive Order to Cap Student Loan Payments in 2012
26 October 2011
Massachusetts Set to Overrule Past Foreclosures; Harbinger for ARM Industry?
25 October 2011
Northland Group Lands Top Honors at 2011 Debt Connection Symposium
25 October 2011
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