Phillips & Cohen Associates International, Ltd., the global arm of the industry’s leading deceased account management specialist, announces the extension of its service offering into the Republic Of Ireland. The Phillips & Cohen Associates group of entities, which has delivered market leading compassionate recovery solutions since 1997, has six other offices in the US, UK, […]
SCOTTSDALE, Ariz. – Bankrupt Debt Acquisitions, the industry leader in the identification, purchase, and management of bankrupt and deceased debt has chosen BEAM as its purchased receivables management software platform. Bankrupt Debt Acquisitions’ business model and evaluation process allow them to effectively liquidate bankrupt and deceased portfolios by identifying and monetizing otherwise uncollectible accounts. “As […]
The CFPB intends for its consent orders to set industry-wide precedents. In March 2016, CFPB Director Richard Cordray referred to consent orders as a guide “to all participants in the marketplace to avoid similar violations and make an immediate effort to correct any such improper practices,” telling the Consumer Bankers Association that any company not following the precedents set by the CFPB’s consent orders is committing “compliance malpractice.”
Having a plan in place for how your company will manage collections of deceased account holders will go a long way toward making sure this delicate situation is handled with extra care. It is important to note that the baby boomer generation is far more credit savvy, and will expect there to be a disciplined process around this inevitable event. Additionally, it is essential that your plan is well thought out, and in compliance with regulations.
For the fourth year in a row, Phillips & Cohen Associates’ employees voted their employer into the top ranks of The News Journal’s Top Workplaces as featured in Delaware Online; this year topping the chart at number one of mid-sized companies.
A former employee of the state of Florida revealed Monday that the Sunshine State’s economic development office referred thousands of cases to debt collectors that were not eligible for such actions. She went public with the allegations after winning a $250,000 settlement with the state in April over wrongful termination in a whistleblower case.
Phillips & Cohen Associates, Ltd., a leading global Probate/estate recovery business, proudly announces that Phillips & Cohen Associates (UK) won the highly contested “Treating Customers Fairly” Award at the recent prestigious Credit Awards in London.
The leading provider of global probate recovery services, Phillips & Cohen Associates, Ltd., is pleased to announce the promotion of Tim Webb to Global Sales Director. Due to record international expansion, the company created this new role to foster focused management of new business development teams in each market worldwide.
Bank of America is duking it out with the Consumer Financial Protection Bureau over allegations that it deceived customers in the sale of credit card add-on products, specifically a debt cancellation service. The bank advertised that its services could ease consumer payment obligations in case of job loss or other major life changes. Bank of America […]
TECH LOCK, Inc. announces Phin Solutions, Inc. has achieved the ARM Industry Gold compliance standard, TECH LOCK® Certified.