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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Stellar Recovery Announces Release of Mobile Consumer Website
6 September 2016
Tim Bauer on the Making of a “Must-Attend” ARM Industry Conference
1 September 2016
CFPB’s Proposal for Collection of Decedent Debt: a Misguided Approach (Part 2 of 2)
31 August 2016
Former Regulator Accuses CFPB of Targeting the Biggest Companies and Imposing "The Maximum Fines They Can Afford to Pay”
30 August 2016
CFPB’s Proposal for Collection of Decedent Debt: a Misguided Approach
30 August 2016
President of FMA Alliance Shares Experience at Debt Collection SBREFA Hearing
29 August 2016
Creditor Rights Law Firms Well-Represented on CFPB’s Small Business Review Panel
29 August 2016
Coast Professional, Inc. Ranks as a Fastest Growing Company in America Five Years in a Row
29 August 2016
Small Business Representative Shares Her Thoughts About Yesterday’s Debt Collection SBREFA Hearing
26 August 2016
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