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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Altus Welcomes B2B Credit Chex, Inc. as its Newest Affiliate
9 November 2016
4th Cir. Holds Foreclosure is FDCPA ‘Debt Collection,’ Mere Servicer Need Not Provide TILA Notice of Assignment of Loan
8 November 2016
insideARM Releases Updated CFPB Consent Order Report Including Charts, Analysis and Examples
8 November 2016
Fla. App. Court Holds FCCPA’s Notice of Assignment Requirement Applies to Mortgagees, But Not Condition Precedent to Foreclosure
7 November 2016
Florida Court Holds Notice of Bankruptcy Sufficient for ‘Actual Knowledge’ of Representation by Counsel Under FCCPA
3 November 2016
FDCPA Case Law Review for October 2016
2 November 2016
Coming Soon: A Big Debt Collection Deadline in New York
26 October 2016
CFPB Touts Innovation, But Not in Debt Collection
25 October 2016
The U.S. Chamber is Resetting the Consumer Finance Discussion (So Keep Talking!)
24 October 2016
Supreme Court Takes On Chapter 13 Bankruptcy Mess Created by FDCPA Ruling
20 October 2016
First Party Summit Attendees Discuss the Benefits of Ethical Behavior
19 October 2016
How to Manage Vendor Compliance
19 October 2016
Improving Recovery & Customer Satisfaction Through Early Intervention
18 October 2016
insideARM Announces 2016 Best Places to Work in Collections
17 October 2016
CFPB Plans Public Meeting on Debt Collection
17 October 2016
Stellar Recovery Embraces New Core Values
13 October 2016
How the PHH Decision Could Limit CFPB's Enforcement Powers in Two Critical Ways
12 October 2016
Navy Federal Credit Union Agrees to CFPB Order, $28.5M Fine for Improper Collection Actions
12 October 2016
U.S. Supreme Court Agrees to Hear FDCPA Case
12 October 2016
ACI Partners With San Francisco-Based Start Up to Ensure Cell Phone Free Workplace
11 October 2016