FTC Reports Jump in Debt Collection Complaints
The FTC’s annual complaint report is once again a dismal one for the ARM industry. Complaints against collectors — both third party and internal — significantly increased in 2009.
Aktiv Kapital Maintains Profitability in Challenging Market
Oslo – Aktiv Kapital reports fourth quarter 2009 portfolio collection of NOK 402.8 million, compared with NOK 531.6 million in the fourth quarter 2008. Total operating expenses in the quarter were reduced 26 percent year-over-year, to NOK 187.4 million. Aktiv Kapital achieved operating revenues of NOK 251.6 million (NOK 303.4 million) in the fourth quarter [...]
Executive Change: Acclaim Radiology Management Names Wendy Lomers Chief Financial Officer
Longview, TX – Acclaim Radiology Management, an industry leader in radiology revenue cycle management, is pleased to announce the appointment of Wendy Lomers as the organization’s Chief Financial Officer. Lomers will join Acclaim on March 1, 2010. “Wendy Lomers is a radiology veteran, whom we have admired for many years,” said Cindy Pittmon, Acclaim founder [...]
Numbers from the ARM Industry?s First Virtual Trade Show
The accounts receivable management industry’s first virtual exhibit hall — insideARM’s EXPO 3.0 — turned a once daunting task into a Jetsons-like experience for more than a thousand ARM professionals. EXPO 3.0 is a free-to-the-attendee tradeshow that allows exhibitors and visitors the opportunity to network with fellow peers from their desktop computers. The show [...]
Research and Markets: Creditor Metrics: Consumer Approaches to Payment Protection Insurance Linked to Personal Loans and Consumer Credit in Europe
(http://www.researchandmarkets.com/research/0a2c0b/creditor_metrics) has announced the addition of the "Creditor Metrics: Consumer Approaches to Payment Protection Insurance linked to Personal Loans and Consumer Credit in Europe" report to their offering. Finaccords report titled Creditor Metrics: Consumer Approaches to Payment Protection Insurance linked to Personal Loans and Consumer Credit in Europe, offers detailed and unique insights into the [...]
State AG Seizes $12 million in Assets in Debt Settlement Action
Alabama Attorney General Troy King and the state’s Securities Commission announced Wednesday that they had shutdown one of the largest debt settlement schemes in America. Autauga County Circuit Judge Ben Fuller granted a request from the agencies to stop the illegal activities of a Prattville attorney, Keith Anderson Nelms, and his companies, Allegro Law LLC [...]
Local, small business contributes to Haiti relief through the American Red Cross.
We have all seen glimpses of what the individuals personally touched by the earthquakes in Haiti are going through on the news, internet, and radio; from the distant comforts of a world that affords us the luxury of not being able to fully comprehend such devastation. Aware that it is simply not possible for each [...]
Kinne, Leib, McNamara, and McNaughton Join collector mentor? Editorial Board
ADEL, IOWA — Skills World, publisher of the popular credit and collections training publication collector mentor, announces the appointment of Gary Kinne, Bryan Leib, John McNamara, and Gina McNaughton to the publication’s editorial advisory board. “Our subscriber base has grown tremendously over the past year,” said Gary Jensen, chief learning officer for Skills World. “collector [...]
Phony Health Insurance Plans on the Rise, Impacting Collections
A sharp increase in fake health insurance scams targeting consumers is beginning to have a chilling effect on the ARM industry, one that is not confined strictly to the medical collections sector.
Arctic Collect Launches Micro-Enterprise Collection Software
It’s here and it’s about time. The industry’s first Low Cost Enterprise level hosted collection software. The industry’s first collection software geared for the Micro-Enterprise has launched and signing up is easy. Micro-Enterprise simply means low cost enterprise level technology for less than the cost of your daily cup of coffee. Arctic Collect gives you [...]