Fast growing Lowell Group, headquartered in Leeds and one of the UK’s largest debt purchasing and contingent collections groups, has appointed Mathew Stonley (Mat) as business development manager for its debt purchase business.
As the ARM industry prepares for 2014, it might help in strategic planning to know which types of debt are attracting the most consumer complaints about debt collection.
Portfolio Recovery Associates, Inc. (Nasdaq:PRAA), a financial and business services company operating in the U.S. and U.K, has been recognized by Volunteer Hampton Roads as a recipient of its 2013 Corporate Volunteer Excellence Award.
There are two constants in the accounts receivable management industry. The first is change. The second is International Collectors Group.
UK debt buyer Arrow Global reported a strong increase in earnings and collections in its first earnings release since going public.
Although the debt collection complaints data from the Consumer Financial Protection Bureau (CFPB) has been public for only a few weeks, ARM firms and major creditors have been responding to the incoming complaints since July. An analysis of the responses show varied strategies in the companies’ interactions with consumers and the CFPB.
Kaulkin Ginsberg is pleased to announce that Dennis Punches and the newly appointed Board of Advisors, including Jim Richards, are restoring the renowned accounts receivable management (ARM) group International Collectors Group (ICG) to its prominent position as the “must attend meeting” for the leaders of the largest ARM companies from the USA and around the world.
A Minnesota collection agency posted on its blog last week a direct challenge to Bill Bartmann in response to the latest in his series of opinion pieces that have been popping up in online media all over the country.
When it comes to the CFPB and regulators in general the goal among debt collectors, debt buyers, collection lawyers, recovery managers and other collection professionals in the United States should be the same: to establish a unified front to address regulatory change impacting collection practices.
The Consumer Relations Consortium (CRC) has gathered a team of nearly twenty innovative collection industry thought-leaders to collaborate on a response to the Consumer Financial Protection Bureau’s (CFPB) recently released Advance Notice of Proposed Rulemaking. Among others, the team includes a panel of attorneys – including both in-house general counsel as well as members of prominent national law firms.