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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Supplemental NPRM for Time-Barred Debts Coming "Very Early in 2020"
19 December 2019
Credit Reporting Issues Highlighted in the FTC's and CFPB's Workshop
12 December 2019
Supreme Court: FDCPA Claims Run from Date of Violation, Not from Date of Discovery
11 December 2019
Coast President, Everett Stagg, Wins Johnny E. Huntsman Entrepreneurial Success Award
11 December 2019
7th Cir. Reverses Dismissal of FDCPA Claim Involving Statement That 1099C Form May Be Filed
10 December 2019
District of Maryland Sanctions Plaintiff and Her Counsel for Abuse of FDCPA and FCRA
9 December 2019
E.D.N.Y. Calls Out Abuse of FDCPA, Confirms 1692g Requirements Don't Apply to Subsequent Letters
5 December 2019
Settlement Reveals How Expensive the TCPA is Compared to Other Consumer Statutes Like the FDCPA
3 December 2019
Debt Collector Accuses Lexington Law of Destroying Evidence in Lawsuit on Credit Dispute Letters
26 November 2019
CFPB Regulatory Agenda Marks Final Debt Collection Rule for 2020...And the Clock is Ticking to Avoid CRA Nullification
25 November 2019
Legitimate Debt Collector or Scam? CFPB Releases Video to Educate Consumers on Spotting the Differences
21 November 2019
Empereon-Constar Announces Nearshore Expansion to Mexico City
19 November 2019
Non-profit Healthcare Providers Under Scrutiny for Billing and Collection Practices
14 November 2019
Electronic Patient Communications in the Wake of HIPAA: The Ban Has Lifted
13 November 2019
Sergei Lemberg Joins the Unprecedented Podcast to Discuss TCPA After Regaining His Status as TCPAWorld’s Top Filer
12 November 2019
Mass. AG Enters $4M Settlement with PRA for Allegedly Violating Consumer Protection Laws
11 November 2019
A Push for FDCPA Amendments: Four Bills Introduced to Amend Different Provisions of the Statute
11 November 2019
Second Circuit Double-Hitter: Neither "$0.00" Nor "N/A" in Debt Itemization Confuses Consumers about Static Debts
6 November 2019
The State of Collections: TransUnion and Aite Group Release Report, Outline Challenges and Present Optimistic Future
5 November 2019
Online Debt Negotiation Tools: Reduce My Compliance Risk and Make More Money? Sign Me Up!
4 November 2019