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.
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.
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 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.
European ARM firm Intrum Justitia Thursday announced the hiring of Erik Forsberg to be the company’s new Chief Financial Officer.
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.
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.”
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.”
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.
FMA Alliance and its employees raised more than $500 in cash last week in support of ARMing Heroes’ One for a Warrior program.