Executive Bio: Paul Grinberg
Executive Vice President and Chief Financial Officer, Encore Capital Group, Inc.
Debt Buying Executives Create a Strategic Partnership Through Merger
Irvine, CA – George Terzi, President & CEO of GT Services, Inc. (GT Services) and Robert Knight, President & CEO of Capstone Portfolio Management, Inc. (Capstone) have merged to create Icon Equities, LLC (Icon Equities). Co-founded by George Terzi and Robert Knight, this new asset buying entity in the account receivable management (ARM) industry represents [...]
Credit Card Issuers Seeing Improvement
Chicago, Ill. — The latest evidence that the US is beginning to pull out of the recession came in from gloomy numbers posted by a monthly report card of consumer payment patterns that noted some major credit card issuers announced small drops in the level of borrowers who were at least a month behind in [...]
U.S. Credit Card Chargeoffs
NEW YORK — U.S. consumer credit quality showed signs of life as credit card ABS chargeoffs declined last month, snapping a string of five consecutive record highs, according to the latest Credit Card Index results from Fitch Ratings. The improvement comes as delinquencies stabilized further and other credit card ABS performance variables exhibited similar positive [...]
Author Gives Away Book on Debt
Oceanside, CA — For a limited time, the Debt Free League website is offering a free copy of SETTLE Credit Card, Medical & Business Debt for PENNIES on the Dollar. The book by financial industry whistle-blower, Victor N. Chevalier reveals eye-opening schemes that banks and credit card companies deviously use to entrap Americans into a [...]
Executive Change: Industry Executive joins TRAKAmerica
Naples, FL — TRAKAmerica, the leading independent provider of legal network management services, announced today that Paschco Montoya has joined the company as Executive Vice President effective September 1, 2009. Mr. Montoya, a former NCO vice president, will direct TRAK’s attorney management functions and be responsible for performance across the organization. “The addition of Pasch [...]
Executive Change: Bloxom and Lentz Join Hampton Roads Bankshares’ Credit Risk Management Team
NORFOLK, Va. — Hampton Roads Bankshares, Inc. /quotes/comstock/15*!hmpr/quotes/nls/hmpr (HMPR 2.65, -0.07, -2.57%) , the holding company for Bank of Hampton Roads and Shore Bank, is pleased to announce that Robert A. Bloxom and Lisa M. Lentz are joining the Company’s Credit Risk Management team. Bloxom will serve as a Senior Credit Officer and will be [...]
Debt Buyers Feeling Economic Pinch More than Collection Agencies
Debt buyers are struggling a little more in the current economic environment than their collection agency counterparts, according to the latest insideARM confidence survey.
Executive Bio: Eric Company
Collections Team Supervisor, OSI
Executive Bio: Ambrish Sundaram
Vice President? Information Services, Asset Acceptance Capital Corp.