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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Massachusetts Jumps into the Active Debt Collection Regulation Pool
25 August 2016
Consumer Relations Consortium Welcomes New Members; Continues Discussions with Consumers
25 August 2016
CFPB Debt Collection Proposals Would Create Problematic New Substantiation Standard
25 August 2016
The “Least Sophisticated Debtor” Is Getting More Sophisticated, And Has An Improved Memory Too
22 August 2016
Industry Gets Favorable Ruling in Debt Collection Envelope Case
18 August 2016
GAO Report Says CFPB Small Business Panels Could Be More Effective
15 August 2016
FCC Releases Rules Limiting Federal Government Debt Collection Calls
12 August 2016
7th Cir. Deepens Split on FDCPA Liability for ‘Time-Barred’ Claims
11 August 2016
FDCPA Safe Harbor Buried within CFPB Mortgage Rules
11 August 2016
PRAA Announces Financial Results for Q2 2016; Comments On CFPB Outline of Proposed Debt Collection Rules
10 August 2016
Illinois Governor Bruce Rauner Nixes Bill Connected to His Former Business Life in Debt Collection
9 August 2016
Ninth Circuit Court of Appeals Rules - Failure to Specifically State “This Communication is From a Debt Collector” is Not FDCPA Violation
9 August 2016
Stellar Recovery Unveils New Website
9 August 2016
Performant Financial Corporation Announces Financial Results for Q2 2016
8 August 2016
Encore Capital Group Announces Financial Results for Q2 2016
8 August 2016
FDCPA Case Law Review for July 2016
4 August 2016
Courts Continue to Look for "Actual Harm" in TCPA Cases
4 August 2016
insideARM Perspective on CFPB Outline of Proposed Rules – Litigation and Time-Barred Disclosures
3 August 2016
insideARM Perspective On CFPB Outline of Proposed Debt Collection Rules – Information Integrity
2 August 2016
15 ARM Industry Experts React to CFPB Outline of Proposed Debt Collection Rules
2 August 2016