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collection agency

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BNET Business Dictionary

Collection Agency
a business that collects payments on unpaid loans or on bills
Collection Agency definition on BNET »

BNET Resources

How to Get Customers to Pay Up
Hounding clients to pay their unpaid bills is a loathsome task, even when the economy is good. But in a recession, mismanaging accounts receivable threatens both customer relationships and the health of the company. Here's how to make your clients pay — tactfully. ...
Tags: Payment, Customer, Chances, Collection Agency, Operational Accounting, Finance, Accounts Receivable, BNET Crash Course, Bill Collection, Chrysler, Bank of America, Christina Salerno
Articles 2009-03-06

Additional Resources

Collection agency envelope that used federal agency's return address violated Fair Debt Collection Practices Act
CONSUMER PROTECTION Peter v. GC Servs. L.P, 310 F.3d 344 (5th Cir. 2002). The Fifth Circuit Court of Appeals held that an envelope used by a collection agency violated the Fair Debt Collection Practices Act FDCPA, 15 U.S.C. sec 1692, because it could lead the recipient to believe it was...
Tags: agency, MARKETING, U.S. Department of Education
Research articles 2003-03-01
California debt collection agency settles FTC Charges of Fair Credit Reporting Act violations.
M2 PRESSWIRE-25 August 2000-US FTC: California debt collection agency settles FTC Charges of Fair Credit Reporting Act violations C1994-2000 M2 COMMUNICATIONS LTD RDATE:24082000 The Federal Trade Commission today announced a proposed settlement with a California-based debt collection agency, Performance Capital...
Tags: agency, bureau, California, commission, FTC, Litigation, settlement
Research articles 2000-08-25
Federal Court declares debt collection agency misled consumers about debts owed to insurance company.
M2 PRESSWIRE-19 April 2002-ACCC: Federal Court declares debt collection agency misled consumers about debts owed to insurance company C1994-2002 M2 COMMUNICATIONS LTD RDATE:19042002 The Federal Court of Australia, Adelaide has declared that the debt collection agency, Waterman Collections Pty Ltd, engaged...
Tags: agency, Australian Competition and Consumer Commission, FINANCE, Insurance
Research articles 2002-04-19
Transcom WorldWide S.A. acquires German debt collection agency
NORDIC BUSINESS REPORT-31 January 2006-Transcom WorldWide S.A. acquires German debt collection agencyC1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com Swedish-controlled pan-European customer relationship management provider Transcom WorldWide S.A. said on Tuesday (31 January) that it had acquired 100% of the German debt collection agency Dr. Finsterer + Koenigs Inkasso GmbH. The...
Tags: Transcom WorldWide S.A.
Research articles 2006-01-31
Aktiv Kapital ASA acquires Spanish collection agency
NORDIC BUSINESS REPORT-21 January 2005-Aktiv Kapital ASA acquires Spanish collection agencyC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian credit administrative services provider Aktiv Kapital ASA said on Friday (21 January) that it had acquired the Spanish collection company Treym Consulting y Servicios a Empresas SL. The acquisition price was...
Tags: Aktiv Kapital ASA
Research articles 2005-01-21
Intrum Justitia acquires debt collection agency in Slovakia
NORDIC BUSINESS REPORT-16 June 2005-Intrum Justitia acquires debt collection agency in SlovakiaC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish credit management services group Intrum Justitia said on Wednesday (15 June) that it had acquired the Slovakian debt collection company Creditexpress Slovakia s.r.o. Creditexpress has 30 employees and a turnover...
Tags: Intrum Justitia AB
Research articles 2005-06-16
Letter From Collection Agency
This template is for letter from collection agency.
Tags: Agency, Microsoft Corp., Letter, Advertising & Promotion, Marketing
Tools & templates
Letter Enclosing Payment In Full To Collection Agency
Use this template to inform a collection agency that you are paying your debt in question in full.
Tags: Payment, Agency, Best Sample Letters, Advertising & Promotion, Marketing
Tools & templates 2008-01-01
Letter Enclosing Partial Payment To Collection Agency
Use this template to notify the collection agency that you have made partial payment on a debt that has gone into collections.
Tags: Payment, Agency, Collection, Best Sample Letters, Advertising & Promotion, Operational Accounting, Marketing, Finance
Tools & templates 2008-01-01
Sheldon Zucker named President and CEO of Allied Bond & Collection Agency
GREENWICH, Conn.--BUSINESS WIRE--June 17, 1997--Allied Bond & Collection Agency, Inc., a subsidiary of The Union Corporation (NYSE:UCO), a leading provider of specialized credit and receivables management services, announced today it has named Sheldon Zucker (49) as President and Chief Executive Officer, effective July 1, 1997. Zucker had been Executive...
Tags: agency, bond, Business Wire, Connecticut, Outsourcing, receivables
Research articles 1997-06-17
King County, Wash., Judge Orders Collection Agency to Pay in Frivolous Case.
By Maureen O'Hagan, The Seattle Times Knight Ridder/Tribune Business News Oct. 8--It was payback time yesterday for an overzealous collection agency that was ordered to pay attorney's fees for a woman it hauled into court over an 18-cent debt. ...
Tags: Seattle Times Co.
Research articles 2002-10-08
ATO outsources debt collection.
Byline: Fleur Anderson Feb 20, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Australian Taxation Office ATO will trial a program to collect more debts. The ...
Tags: Australian Taxation Office, FINANCE, MARKETING, outsource, Taxes
Research articles 2006-02-20
IRS Collection Agency Looks to Improve Results; Tax Talk Today(r) Panelists to Explore Options for Reform
WASHINGTON, Oct. 9 /U.S. Newswire/ -- We all know the Internal Revenue Service is huge -- but is it big enough to handle collection of the country's $280 billion in delinquent federal taxes? Given the magnitude of the task, the IRS is considering new straWASHINGTON, Oct. 9 /U.S. Newswire/ --...
Tags: agency, Internal Revenue Service, tax
Research articles 2003-10-09
Co-founder offloads Collection.
Byline: Nina Wan Sep 17, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The co-founder of Collection House, Stephen Walker, sold his entire stake in the company on 8 September 2006. He is due to step down from the Australian debt...
Tags: Suncorp-Metway Ltd.
Research articles 2006-09-17
Harvest Partners' Affiliate IntelliRisk Management Accelerates Collection Industry Consolidation With Three Acquisitions Totalling $61.5 Million
NEW YORK--BUSINESS WIRE--May 25, 1999-- Purchases Position IntelliRisk In Top Five In Accounts Receivable Outsourcing And Collection Harvest Partners today announced that its portfolio company, IntelliRisk Management Corporation ("IntelliRisk"), a leading accounts receivable collection agency based in Columbus, Ohio, has acquired Financial Management Control, Inc. ("FMC"), National...
Tags: Harvest Partners Inc.
Research articles 1999-05-25
Harvest Partners' Affiliate IntelliRisk Management Corporation Accelerates Collection Industry Consolidation With Three Acquisitions Totalling $61.5 Million
NEW YORK--BUSINESS WIRE--June 16, 1999-- Purchases Position IntelliRisk In Top Five In Accounts Receivable Outsourcing And Collection Harvest Partners today announced that its portfolio company, IntelliRisk Management Corporation ("IntelliRisk"), a leading accounts receivable collection agency based in Columbus, Ohio, has acquired Financial Management Control, Inc. ("FMC"), National...
Tags: Harvest Partners Inc.
Research articles 1999-06-17
Pioneer Credit Recovery, Inc. — leader in the collection of accounts receivable - Brief Article - Advertisement
Located in the heart of Western NY, Pioneer Credit Recovery is a name synonymous with success. Nationally recognized, with over 22 years of experience, we utilize skilled personnel, high-end technology and proven collection programs to remain at the forefront of our industry. We are not your ordinary collection agency. Call...
Tags: Pioneer Credit Recovery Inc.
Research articles 2002-11-01
Pioneer Credit Recovery, Inc.—Leader in the collection of accounts receivable - HFM Product/Service Mart
Located in the heart of Western NY, Pioneer Credit Recovery is a name synonymous with success. Nationally recognized, with over 22 years of experience, we utilize skilled personnel, high-end technology and proven collection programs to remain at the forefront of our industry. We are not your ordinary collection agency. Call...
Tags: Pioneer Credit Recovery Inc.
Research articles 2003-01-01
Grand jury pokes into regional trash agency's contract selection
Eight members of a trash-collection agency in San Mateo County are set to start negotiating a new 10-year garbage contract with Norcal Waste Systems, even though a civil grand jury is investigating the agency's contract-selection processes. The South Bayside Waste Management Authority, which manages trash service for 10...
Tags: Norcal Waste Systems Inc.
Research articles 2009-02-25
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