National Study Finds Debt Collection Industry Essential to U.S. Economy

ACA International, the Association of Credit and Collection Professionals (ACA) today released a new study that demonstrates, for the first time, the value of the third–party collection industry to the U.S. economy. The landmark study reveals that the industry returned $39 billion in 2005 to businesses that extend consumers credit. The economic effect of this […]

time-is-money

Spitzer’s Office Sues Company Specializing in Collecting Time-Barred Debts

New York Attorney General Eliot Spitzer today announced that his office has filed a lawsuit against a debt collection company alleged to have engaged in illegal and abusive practices to coerce payment on time-barred or unverified debts. JBC & Associates, P.C. and its successor companies, JBC Legal Group, P.C. and Boyajian Law Offices, P.C., and […]