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debt collection News

debt collection News From AOL News

Vile Voice Mails Cost Agency $1.5 Million

By Michelle RuizJun 2nd 2010 – 1:38PM
WFAA-TV

WFAA-TV

(June 2) -- A fed-up Texas man has turned the tables on a collections agency. Advanced Call Center Technologies, usually in the business of collecting money for its clients, now finds itself $1.5 million in debt to Allen Jones. A Dallas County court awarded him the hefty judgment after a jury found the agency barraged...

Background on debt collection

A collection agency is a business that pursues payments of debts owed by individuals or businesses. Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.

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