After teasing it earlier in the week, Senator Al Franken formally filed a bill that would amend the FDCPA. The proposal includes adjusting violation liability limits to inflation. And the bill appears to have at least one Republican supporter.
Newport Coast, Calif. – Global LiquidEdge, a leading provider of collection scores and call sloping services, announces the BureauEdge Score. With the BureauEdge Score, clients now have the opportunity to improve upon the performance of their existing bureau recovery score without impacting their workflow. The BureauEdge Score combines a debt collector’s recovery score from Experian, [...]
Jacksonville, FL — Central Credit Holdings, Inc. (www.centralcreditholdings.com CCH), headquartered in Jacksonville, FL, has announced that Deborah J. Giambruno, Esq., has been hired as the corporation’s in-house general counsel. CCH is the parent company of collection agency subsidiaries Central Credit Services (www.ccscollects.com) domestically and Astra Business Services (www.astraglobal.com) offshore. Affiliated organizations include Radius Software Solutions [...]
DENVER – SquareTwo Financial, a leader in the $40 billion asset recovery and management industry, today announced that Kim Patmore, former chief financial officer and executive vice president of First Data Corporation, joined SquareTwo Financial’s board of directors on September 8, 2010. As chief financial officer and executive vice president of First Data Corporation, she [...]
Stockholm, Sweden — Credit Management Services (accounts receivable management) company Intrum Justitia (STO:IJ) has decided to create three geographical regions in order to facilitate the continuous growth and development of the company. “By creating fewer and larger regions we will be able to launch new services faster and benefit from the economies of scale gained [...]
The story widely reported earlier this week that New York Attorney General Andrew M. Cuomo has filed felony charges against a collection agency owner related to allegations the agency mistreated military families may prove to be a black eye for the industry, an example of political grandstanding, or both. But whatever the outcome, the credit [...]
NEW YORK — Huntsman Gay Global Capital, a leading middle market private equity firm, today announced that it has made a majority investment in iQor Holdings Inc., a global provider of business process outsourcing (BPO) services and the second largest accounts receivable management company in the world. iQor’s current management team will remain in place [...]
EXPO 10.6.10 will feature the industry’s first-ever virtual networking lounge. I’ll be there, and I think a lot of other ARM professionals will be as well.
GLENDALE, CA - There is no question that businesses are struggling these days. As they learn to do more with less, there is a looming risk that money will be left on the table if smart business ideas aren’t identified and utilized in daily operations. Effective revenue management, account receivables, debt collection and insurance subrogation [...]
American Profit Recovery, a collection agency based in Michigan, Massachusetts and North Carolina, is earnest when they promise clients, “You Will Profit from Our Difference.” The debt recovery team is an avid supporter of charitable events and programs and strives to find fun ways to get employees involved in giving back to communities to make [...]