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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Collection Executives Need to Enter This Tax Season with a Great Deal of Caution
16 January 2019
Top 9 Collection Industry Predictions for 2019
9 January 2019
California Association of Collectors 2018 Educational Series Review (sponsored)
4 December 2018
How To Encourage Consumers To Handle Their Debts During Tax Season (sponsored)
3 December 2018
Improve Efficiency and Reduce Risk with Inventory Segmentation (sponsored)
29 November 2018
District Court Stays Case Pending U.S. Supreme Court’s Decision in Obduskey v. Wells Fargo
26 November 2018
New York Fed Report Shows Decline in Collection Accounts... Or Does It?
20 November 2018
BCFP Files Amicus Brief in U.S. Supreme Court Case, Concludes Law Firm Did Not Engage in Debt Collection by Initiating Nonjudicial Foreclosure
19 November 2018
Debt Collection Practices: Call Baiting Tells and How to Respond (sponsored)
15 November 2018
FDCPA Caselaw Review for October 2018
15 November 2018
BillingTree Enhances, Integrates SMS Payment Solution Within Payrazr & CareView for Text, Mobile Payments
14 November 2018
Presentation Highlights Emerging Trends, Innovation, and Robocall Blocking at TransUnion's Third Party Conference
12 November 2018
Sending Second Validation Notice Within 30-Day Validation Window May Confuse Consumers, According to Eastern District of Wisconsin
7 November 2018
2018 Midterm Election Results Could Mean Some Changes for Financial Services Industry
7 November 2018
iQor, Allied Interstate Settle with CA District Attorneys for $9M in Call Volume Case
5 November 2018
Mass. AG Quietly Adds Third-Party Debt Collectors As Regulated Entities on Website Despite Prior Guidance to the Contrary
5 November 2018
FTC and NY AG Sue Debt Collectors for Impersonating Law Enforcement, Inflating Amounts Owed
1 November 2018
Second Circuit Sides with CAC Financial on Reverse Avila Issue, Unpersuaded By Argument that Previous Accrual of Interest is Confusing to Consumer
1 November 2018
IRS PDC Program Quarterly Report Shows Increase in Overall Net Gain
31 October 2018
N.D. Illinois Cuts Attorney Fees Award Due to Rejection of Settlement Offer Earlier in Litigation
30 October 2018