Debt Collection News RSS Feed

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 skyline and Statue of Liberty [Image by creator THANANIT from AdobeStock]

In the Nick of Time: NYC DCA Releases Glossary and Translations of Commonly-Used Terms

30 September 2020
Image from a dictionary showing the word leg-is-la-tion [Image by creator Art of Success from AdobeStock]

It's Official: Calif. Governor Approves Debt Collection Licensing, Mini-CFPB

29 September 2020
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Operation Corrupt Collector: Federal and State Regulators Announce Sweeping Law Enforcement Action

29 September 2020
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The Slow Demise of Recent Collection Letter Overshadowing Claims

24 September 2020
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2nd Cir. Holds FDCPA Defendant’s ‘Bona Fide Error’ Defense Should Go to Jury

22 September 2020
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Credit Eco To Go: A State of the ARM Industry Discussion

21 September 2020
New York skyline and Statue of Liberty [Image by creator THANANIT from AdobeStock]

NYDFS Bares its Teeth, Files its First Enforcement Action Against Debt Collector

17 September 2020
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Pandemic Causes Historic Debt Collection Law Changes [Podcast]

16 September 2020
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Credit Eco To Go: The Digitization of Financial Services is Here

15 September 2020
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Bona Fide Error Defense Doesn't Always Apply in "Amount of Debt" Cases

14 September 2020
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Credit Reporting Issues and False Threats from Debt Collectors—Featured Topics in CFPB's Supervisory Highlights

10 September 2020
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CFPB Sues Encore for Issues Related to Collection Litigation and Time-Barred Debts (and the Irony Behind Some of These Claims)

9 September 2020
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Louisiana's Emergency Prohibition of Telephonic Solicitation Might Cover Debt Collection Calls

8 September 2020
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Plaintiff's Counsel Drops the Ball, Court Grants Summary Judgment for Debt Collector

3 September 2020
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CFPB Study of Consumer Finances Following Early Pandemic is Positive. Will Coming Months Paint a Different Story?

1 September 2020
Amy Perkins interviews Le'nore Caldwell [Image by creator from ]

A WCCF Video Interview Series: Five-in-Five. Amy Perkins Speaks with Le'Nore Caldwell

31 August 2020
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How Debt Will Adapt in a Post-COVID-19 World and What that Means for Debt Collection Firms

27 August 2020
Amy Perkins interviews Roxanne Bartley [Image by creator from ]

A WCCF Video Interview Series: Five-in-Five. Amy Perkins Speaks with Roxanne Bartley

27 August 2020
Amy Perkins interviews Amanda Bost [Image by creator from ]

A WCCF Video Interview Series: Five-in-Five. Amy Perkins Speaks with Amanda Bost

26 August 2020
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Another Overshadowing FDCPA Claim Bites the Dust

25 August 2020

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