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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New York Rules Could Strengthen the Relationship Between Collection Agencies and Creditors
11 August 2015
Encore Capital Group Announces Strong Second Quarter 2015
11 August 2015
Second Quarter 2015 Earnings for PRA Group Rise Sharply
11 August 2015
Correction: The 1,517 Words That Have Guided First Party Outsourcing for 13 Years
10 August 2015
FTC Announces More Balanced Panel for Next Debt Collection Dialogue
7 August 2015
Performant Financial Corporation Q2 Revenue Down 28%; Expects ED Announcement in September
6 August 2015
CFPB Seeks More Information To Support Rulemaking
5 August 2015
Electronic Signatures: A Key Component to Streamline Receivables Efforts
5 August 2015
Increased Regulation is on the Horizon for Healthcare Collections
5 August 2015
Deceased Account Collections Requires A Specialized and Compliance-Based Approach
4 August 2015
Calif. Assoc of Collectors, ACA Hope to Affect Wage Garnishment Bill
3 August 2015
Corporations "People" Under FDCPA, Rules Sixth Circuit
3 August 2015
Consumer Survey Underscores Issue of Mis-placed Regulatory Focus
31 July 2015
Stellar Recovery Announces Cutting-Edge Risk Management And Compliance Model
30 July 2015
The Ultimate Irony – The State of West Virginia Needs Help in a Debt Collection Matter
29 July 2015
QR Codes Mean FDCPA Trouble Says PA Federal Court
29 July 2015
The 986 Words That Have Guided First Party Outsourcing for 15 Years
29 July 2015
Good News In Debt Collection "Benign Language" Envelope Case
28 July 2015
Stellar Recovery – 49th Fastest Growing Private Company in Northeast, FL
28 July 2015
Another Debt Collection Envelope Decision Goes Against An ARM Firm
27 July 2015