Navient (Nasdaq:NAVI), the nation’s leading loan management, servicing and asset recovery company, announced last week that it has acquired Gila LLC. The Austin, Texas-based asset recovery and business process outsourcing firm focuses on the state and local government market, serving more than 600 clients in 39 states.
Broussard Partners & Associates (BPA), a division of PRA Government Services, LLC and PRA Group (Nasdaq:PRAA), today announced that Julius A. (J. A.) Cline has joined the company as senior examiner after more than 30 years with the Louisiana Department of Revenue.
The American Civil Liberties Union (ACLU) Thursday announced that it has filed a federal lawsuit challenging the debt collection practices of an Atlanta-area county and the debt collection agency it uses to recover court fines and probation fees.
The Government Revenue Collections Association (GRCA) invites those working in government debt collection to its 6th Annual Collector Training, March 9-11, 2015 at the Westin Tampa Harbour Island in Tampa, Florida.
The American Bar Association Wednesday issued a formal opinion finding that a growing practice by district attorneys of allowing debt collection agencies to issue demand letters that suggest they originated from the prosecutor’s office violates ABA Model Rules of Professional Conduct.
Revenue Discovery Systems (RDS), a division of PRA Group’s government services (Nasdaq:PRAA) has announced that Jeremy Katz joined the company as vice president of state government solutions after 20 years at Xerox.
The third-party debt collection industry returned some $45 billion to creditors and other clients in 2013, according to a study released today by ACA International. The report, based on a survey and other statistical analysis by Ernst & Young, is the latest in a series of comprehensive industry studies.
A joint study from the think tank Urban Institute and debt buyer Encore Capital Group released today reported that more than 35 percent of U.S. adults with a credit report have accounts that qualify to be in some stage of the debt collection system. The average balance of those accounts is $5,178.
The issue of Ohio Attorney General Mike DeWine’s alleged favoritism in rewarding a debt collection contract boiled over on the weekend as his office released official collection totals for last year and a prominent newspaper published a blistering editorial on the matter.
Ordinarily, a company’s political contributions don’t make waves, unless they are of an unusual size. But when the largest government-focused collection agency is making the donations to a candidate running for the largest office in a state known for largeness, then you’ve got yourself a scandal.