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Government & Collections
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| Portfolio Recovery Announces Another Deal in Government Services Sector |
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| Debt buyer and collector Portfolio Recovery Associates (PRA) said late Friday that it has acquired the assets of Broussard Partners & Associates, a company that specializes in providing audit services to local tax authorities in Louisiana. The deal further expands Portfolio Recovery Associates’ (Nasdaq: PRAA) push into government revenue services, a sector of its fee-for-service business p |
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| Topic: Government & Collections |
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| Property Taxes Latest New Market for Credit Card Processors |
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| Credit cards are continuing to enter previously uncharted waters in creating new markets due to third-party payment providers. Only a couple of weeks after ChargeSmart LLC, San Francisco, announced its program to enable cardholders to pay mortgages, student loans and auto loans, through its service ("New Program Allows Consumers to Pay Mortgage with Credit Cards," July 10), Houston Cou |
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| Topic: Government & Collections |
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| Obama to Propose Federal Reserve as Super-Regulator in Reforms |
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| The administration of President Obama is expected to recommend sweeping reforms of the financial services and banking industries this week as promised. But according to the Wall Street Journal, the Federal Reserve has been marked as an important part of the new regulatory environment being proposed.Officials are saying that the recommendations are in a ldquo;white paperrdquo; that will be release |
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| Topic: Government & Collections |
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| ARM Professionals Discuss Senate Plan to Expand Medicare |
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| It is widely believed among health care analysts and policy experts that Senate Democrats’ newest proposal to expand Medicare coverage to some people aged 55 to 64 years old will have a negative effect on hospital profits. Not only does Medicare pay less than commercial insurance, but the group eligible for coverage under the program tends to be users of more expensive and intense services, |
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| Topic: Government & Collections |
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| Environmental Protection Agency Renews Charge Card Contract with JPMorgan |
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| JPMorgan Chase announced that it has renewed its contract with the U.S. Environmental Protection Agency (EPA) for purchase, travel and fleet charge card services. The annual volume of the card program is expected to exceed $80 million with nearly 20,000 cards serviced. The four-year task order award, which includes two three-year renewable options, is part of the U.S. General Services Administr |
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| Topic: Government & Collections |
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| Collection Law Firm Hit with $5.2 million Class Action Verdict |
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| A collection law firm in Pennsylvania must pay $5.2 million to defendants that accused it of charging unauthorized administrative and attorney fees and interest on the fees as it collected delinquent real estate taxes. Portnoff Law Associates was the target of a class action lawsuit filed on behalf of consumers that fell behind in their property taxes in the areas that Portnoff served from N |
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| Topic: Government & Collections |
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| ED Collection Contract Leaders Hold Serve in February |
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| The two companies that have led in performance on the U.S. Department of Education’s student loan collection contract continued their run by topping the rankings released by ED for February. Arcade, N.Y.-based Pioneer Credit Recovery dominated the unrestricted – or large business – category by raking in the most money for ED, $43.3 million, and at the highest rate of reco |
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| Topic: Government & Collections |
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| Aubrey O'Day Exclusive Nude video |
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| Aubrey O'Day nude nude pics featuring galleries of sexy celeb Aubrey O'Day nude(aubrey O'Day, aubrey O'Day hot, aubrey O'Day gallery, aubrey O'Day video, aubrey O'Day pics, aubrey O'Day topless, aubrey O'Day bikini, aubrey O'Day nackt, aubrey O'Day playboy, aubrey O'Day nude, aubrey O'Day sex, aubrey O'Day naked) |
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| Topic: Government & Collections |
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| Vallejo, Calif. Files for Bankruptcy |
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| The Vallejo, Calif., City Council voted late Tuesday to file for bankruptcy. The city council unanimously approved the decision, saying it didn’t have enough money to pay its bills, which several reports say is due in large part to the San Francisco suburb’s failure to get any concessions from police and firefighters unions. The municipality is also seeking concessions from the Int |
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| Topic: Government & Collections |
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