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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SoftVu to Launch Compliant Email Marketing and Text Messaging System at the Debt Buyers Conference in Las Vegas
5 February 2016
Coast Professional Helps Struggling Military Family Put Food On Table at Holidays
5 February 2016
Illinois Reverses Course, Realigns State Collections Law with FDCPA
2 February 2016
Universal Fidelity LP Celebrates 25 Years in the ARM Industry
1 February 2016
House Financial Services Committee Offers a Model on Assessing Disparate Impact via Report
1 February 2016
CFPB Issues Seventh Monthly Complaint Report; Highlights Include Complaints on Debt Settlement and Credit Repair Companies
1 February 2016
Judge Denies Class Action Certification in FDCPA Spanish Letter Case Against Portfolio Recovery Associates, LLC
29 January 2016
2nd Circuit Rules Bankruptcy Code Does Not Preclude FDCPA Suit in District Court
28 January 2016
Bankruptcy Code Precludes FDCPA Claim for Filing POC on Time-Barred Debt, Fla. District Court Holds
27 January 2016
ACA International Report: Third-Party Debt Collection Keeps Credit-Based Economy Thriving
26 January 2016
Class Certification Rejected in Alleged FDCPA/RICO Suit Against Sherman Financial Group
26 January 2016
Call for Presentations: ARM-U Spring and Fall Semesters
22 January 2016
Confusion After Clarity: The CFPB's November Bulletin on Consumer Authorizations for Preauthorized Electronic Fund Transfers
22 January 2016
Technology, Automation and the Coming of Age – Can the CFPB and the Credit and Financial Services Sectors Partner?
21 January 2016
Supreme Court Sides with Consumer on TCPA Case Campbell-Ewald v Gomez in 6-3 Decision
21 January 2016
Department of Education Issues Extension on Collection RFP
20 January 2016
Time Warner Offers "Nomorobo" -- a System That Blocks Robo- and Telemarketing Calls
19 January 2016
ACA International Study Shows Actual Data Counters Industry Stereotypes
19 January 2016
QuickCheck Canada Announces 500 Most Influential People in Canadian Collection Industry
19 January 2016
FCC Responds In Consolidated Appeal From Its July 2015 Omnibus Ruling
19 January 2016