With about two weeks still remaining in its 2014 No Debts for Vets Charity Fundraising Drive, ARMing Heroes, the collection industry’s charity for military veterans, has started sending out Donor Dog Tags to supporters of its fifth annual fund drive, which runs from September 11th through Veterans Day, November 11th, every year.
Atlantic Credit & Finance, a subsidiary of Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it helped raise $61,000 for the Boys & Girls Clubs of Southwest Virginia
The CFPB Tuesday released its Supervisory Highlights report for Fall 2014. Among the highlights were recent examinations of larger market participant debt collectors resulting in identification of “an unfair practice and several violations of the Fair Debt Collection Practices Act” involving convenience fees, threats of litigation, bad training materials, and debt sales practices.
The Consumer Relations Consortium (CRC) today announced the addition of three new member companies: Northland Group, ARS National, and The CBE Group.
The Sixth Circuit Court of Appeals Friday ruled against a debt buyer who it said violated the FDCPA when it sought interest charges for a credit card debt. The decision reversed a lower court ruling and included a sharp dissent from the third judge in the appellate panel.
TCPA suits against collection agencies continue to be a growing concern. In August of 2014, TCPA suits are up a whopping 33.6 percent from 2013 numbers. What might be behind this increase?
ARM firm ConServe announced today that as a direct result of Brandon’s exceptional performance in the capacity of interim Vice President of Operations for the last six months, he has been named the official Vice President of Operations.
With a little more than a week to go before the Congressional mid-term elections, attention is shifting away from the potential results to what the outcome might mean for governance. If the Senate changes hands, committees will get new leaders, including the one that oversees the CFPB. Will the Senate behave like the House over the past two years in its oversight? Unlikely.
At the Federal Trade Commission’s request, a U.S. district court in Miami has temporarily shut down a fraudulent phantom debt collection operation that deceived and abused thousands of Spanish-speaking consumers across the country in an attempt to collect money they did not even owe.
s another bubble market emerging in the subprime auto sector? Perhaps, but a growth market for accounts receivable management (ARM) firms is fast developing already.