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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Encore Capital Group Announces First Quarter 2016 Financial Results
11 May 2016
NACS Helps Children & Families
11 May 2016
PRA Group Reports Q12016 Results; Revenue, Income Fall Compared to Same Period in 2015
10 May 2016
Real Time Resolutions, Inc. Announces Acquisition of Assets of Account Outsourcing Group, LLC
10 May 2016
eSign Offers Real-Time Electronic Signatures, Complimentary Webinar Demonstrates How
9 May 2016
Another Court Finds a 1099(c) Disclosure May Be False, Deceptive or Misleading
6 May 2016
Performant Financial Corporation Announces Financial Results for First Quarter
5 May 2016
US District Court in Illinois Finds Disclosure of Potential Tax Consequences for Settling an Account is Misleading to Consumer
3 May 2016
New ProPublica Article Criticizes Debt Collection Litigation on Medical Accounts; Paints One Firm as Outlier
28 April 2016
Consumer Finance Reporters to the Debt Collection Industry: Give us Facts and Data
28 April 2016
White House, ED, and CFPB Announce Major Student Loan Initiative But Don't Address Post-Default Issues
28 April 2016
Portfolio Recovery Associates to Pay $18 Million to Settle TCPA Class Action
27 April 2016
Former CFPB Senior Advisor: Debt Collection Industry Must Press CFPB to Put Complaint Data in Context
27 April 2016
CFPB Announces Consent Orders Against Law Firm and Debt Buyer
26 April 2016
Alpha Recovery Corp Opens Second Office, in Tempe
25 April 2016
LiveVox Discusses the Future of Consumer Contact Technology at iA’s 2016 Large Market Participant Summit
22 April 2016
CFPB Targets ARM Industry -- Which Practices Should Your Company Avoid?
22 April 2016
The Intelitech Group Announces Launch of StackUp, a Competitive, Reward-Based Collector Training Game for Collection Agencies
21 April 2016
AmazonSmile Helps Decorated Military Vets Overcome Financial Struggles
21 April 2016
Appellate Courts Hold Typical Collection Letters Violate FDCPA
21 April 2016