Halloween’s a weird day in the Midwest. It’s not just because the corn subsidy circle of life begins anew as little kids shove high-fructose candy down their throats. The process is a bit more complicated, especially in my hometown of St. Louis, Mo. In a custom that’s foreign to the rest of the country (I [...]
If you’ve lost track of who’s investigating mega-bank JP Morgan Chase for what, and how much money they owe to whom, I don’t blame you. But it’s really important for everyone in the ARM industry to understand the bank’s consent order with the OCC.
Her Majesty’s Revenue and Customs (HMRC), the UK equivalent to the US Internal Revenue Service (IRS), said that the group of private debt collection agencies working on its behalf recovered £464,058,131 ($750.3 million) in back taxes over the first two years of the full implementation of the program.
Reasons behind a sale vary greatly from owner to owner and they don’t necessarily coincide with the ideal time-frame for an owner to sell the business.
Economic and regulatory forces are driving a wave of consolidation in the ARM industry, one that will only pick up.
Friday’s farewell from NARCA president Lou Freedman and welcome from new executive director Mark Dobosz at NARCA’s fall conference in Washington D.C. were highly positive, and offered some transparency about the association.
Last week, I teamed up with renowned industry expert and my good friend Rozanne Andersen to host a webinar focused on trends shaping the ARM industry. We made a number of bold predictions about the future of ARM. I will elaborate on one of them today and I will cover some of the others in future blog posts.
With the U.S. Postal Service proposing an emergency postal increase of 5.9% across the board, raising first-class stamps to 49 cents, ARM agencies that heavily rely on mailed communications will need to bolster their online communication programs to combat the incurred postal costs.
The National Association of Retail Collection Attorneys (NARCA) announced a new executive director this summer. Mark Dobosz joined the ARM legal trade group at a very interesting time, and he has been furiously learning about the industry.