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 […]

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 […]