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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Negotiating Client Contracts in the New Regulatory World
10 December 2015
New York AG Investigates T-Mobile’s Advertising and Debt Collection Practices
9 December 2015
CFPB Announces Settlement with Massachusetts Collection Agency
8 December 2015
The IRS: The Biggest Growth Client in 2016?
8 December 2015
Congress and President Obama Order IRS to Use Private Collection Agencies
7 December 2015
Missouri AG Koster Proposes Reforms to Debt-Collection Practices
4 December 2015
Positive Ruling for Debt Collector in Allegedly Deficient Voice Message Case
3 December 2015
insideARM Announces Final Rankings in 2015 Best Places to Work in Collections Program
2 December 2015
Massachusetts Collection Law Firms Are Now ‘Debt Collectors’
1 December 2015
Joint Petitioners File Initial Brief in Consolidated Appeal of FCC’s TCPA Order
30 November 2015
Written Procedures A Major Factor in Ruling Against Collector in FDCPA Bona Fide Error Case
30 November 2015
Easing Of The Chokepoint? FDIC Clarifies That Banks Can Offer Services to Non-Bank Payday Lenders
25 November 2015
CFPB Issues Compliance Bulletin on Preauthorized Electronic Payments; Oral Recordings Acceptable
25 November 2015
Summary Judgment Granted for Debt Collector in TCPA Case
24 November 2015
Motion Granted For Debt Collector in Envelope Case
20 November 2015
Actions Speak Louder Than Words: FTC Debt Dialogues Come to a Close in Atlanta
19 November 2015
Illinois Bill Provides Welcome Fix to Illinois Collection Agency Act
19 November 2015
Judge Accepts $59 Million Settlement in Sykes vs. Mel S. Harris and Associates, Pending Fairness Hearing
18 November 2015
Consumer And Debt Collector Groups Partner To Help Consumers Avoid Scams
18 November 2015
$95.5 Million Settlement In Second Instance of Massive For-Profit Student Loan Forgiveness This Year
17 November 2015