Account Portfolio Management, LLC Receives $10 million Financing Facility to Purchase Debt

by Patrick Lunsford July 18, 2006 (Be the first to respond)

Debt purchaser Account Portfolio Management, LLC (APM) yesterday announced the signing of $10 million in financing to facilitate the purchase of charged-off consumer receivables. The financing came from a private equity source. APM is the debt buying arm of vCollect Global, Inc., a national debt collection agency. Formed about two months ago, APM has been [...]

Minnesota Government Agency Picks Two Collection Firms

by Unknown Author July 18, 2006 (Be the first to respond)

The Minnesota Workers’ Compensation Assigned Risk Plan (MWCARP) has chosen two collection agency vendors as a result of its request for proposal process earlier this year. The vendors selected were The Affiliated Group (TAG) and Joseph, Mann & Creed (JMC). MWCARP is the source of workers’ compensation and employers’ liability coverage for Minnesota employers who [...]