Treasury Department Moves to Hire More PCAs for Non-Tax Debts

The U.S. Department of Treasury (Treasury) released a request for proposal last month for the collection of non-tax debts, coinciding with a major announcement in the ARM industry that four firms have been hired to collect taxes for the Internal Revenue Service (IRS), a unit of Treasury. 

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News and Opinion

from insideARM.com

» Treasury Department Moves to Hire More PCAs for Non-Tax Debts

» Debt Collectors and Creditors Should Take Note of $135 Million USA Discounters Settlement

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» Why Debt Collectors Should Take Notice of IBM’s Acquisition of Promontory

Debt Collectors and Creditors Should Take Note of $135 Million USA Discounters Settlement

On September 30, 2016 ProPublica reported on a settlement between a coalition of attorneys general representing 49 states and the District of Columbia and USA Discounters, requiring USA Discounters to pay $40 million in penalties and wipe out more than $95 million in debt for its past customers. The penalties and debt relief in the settlement cover every state except Colorado. The state of Colorado settled separately with the company. A copy of the Settlement Agreement can be found here.

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Collection Agency Data Security: Policies & Procedures Webinar

Today 2:00 p.m.!

As more and more business is done online through the use of debit and credit cards, the ability to implement proper data security policies and procedures is more important than ever. Despite this, many companies do not currently have the proper policies and procedures in place to make sure data stays safe and secure. Join insideARM and Jeff Wilder of KirkpatrickPrice for an in-depth webinar on what you need to know to keep your business on the cutting edge of data security, and what you need to do to keep your policies and procedures as current and effective as possible.

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