Circuit Court Ruling to Impact Collection Letters
The Third Circuit Court of Appeals last week issued a ruling regarding meaningful attorney involvement in debt collection cases. The ruling impacts collection letters coming from attorneys.
Getting Current on the Credit Card Sector
It has been a while since I updated my findings on the credit card sector, so in response to growing demand here is the first of two blogs geared toward this market.
Potential Minnesota Shut Down Will Impact Collection Agencies
If the state shuts down, collection agencies won’t be able to register new employees with the state, or apply for/renew/update their licenses.
Intrum Justitia Acquires $435 million German Debt Portfolio from Commerzbank
Intrum Justitia announced Thursday that it has acquired a German portfolio of written-off receivables with an aggregate outstanding principal of EUR 300 million ($435 million). The seller of the portfolio is Commerzbank.
Executive Change: Erik Forsberg Named CFO at Intrum Justitia
European ARM firm Intrum Justitia Thursday announced the hiring of Erik Forsberg to be the company’s new Chief Financial Officer.
Connance Announces Latest Release of Agency Manager for Collections
Connance, Inc. today announced the newest release of its vendor management platform, Agency Manager 7.0, which provides increased visibility and control over outsourced vendors, improving cash collection performance and lowering operating costs.
Newspaper Wins Journalism Award for Anti-Debt Collector Series
Reporters for The Star Tribune, of Minneapolis, Tuesday were awarded a 2011 Gerald Loeb Award for Distinguished Business and Financial Journalism for their 2010 series “Hounded — Debtors and the New Breed of Collectors.”
Looking Back on What we Said at the Beginning of the Financial Crisis
Recently, my friend Brad Dey sent me a copy of a blog that I posted and he responded to almost three years ago. It is worth taking a few minutes to re-read.
The Human Face of Debt Collection Shown on TV Show…In Russia
Russian TV network DTV is airing a new scripted drama that The St. Petersburg Times says “aims to bring a touch of humanity to [debt collection], which for one reason or another, has always had a bit of an image problem.”
FMA Alliance Raises More than $500 in Just Two Days to Help Military Veterans
FMA Alliance and its employees raised more than $500 in cash last week in support of ARMing Heroes’ One for a Warrior program.