Categories
View All
ACA News
Collection Agencies
Collections Industry
Credit & Collections
Debt Collection Forums
Debt Collections Jobs
Debt Purchasing
Government & Collections
|
 |
Government & Collections
|
|
| | |
|
| Coface Downgrades U.S. as Company Payments "Deteriorate" |
|
| The U.S. has been downgraded. Paris-based business-to-business insurer and factoring firm Coface Holding announced this week it has downgraded its country rating for the U.S. to A2. A “deterioration in the payment behavior of U.S. companies in January and February 2008” due to the credit crunch, was the primary cause of the downgrade. Coface projects weak and possibly |
| |
| Topic: Government & Collections |
|
|
| Could the Department of Education Teach the IRS About Collections? |
|
| It was standing room only in D.C. at the Department of Education’s Pre-Solicitation Conference on January 22, as current contract holders, subcontractors, and next-round hopefuls crammed into the Barnard Auditorium, hoping to walk away with some insight or nugget of information that will help to land the next plum contract that is expected to be awarded in September of this year. What make |
| |
| Topic: Government & Collections |
|
|
| Bad Check Proposal Postponed in California |
|
| A bill that would outsource bad-check restitution programs to outside collection firms and increase the fees the firms can charge people who bounce checks was pulled by its supporters this week prior to a scheduled debate before the California Public Safety Committee. A spokesperson for the bill’s sponsor said there were concerns that the proposed legislation wouldn’t get committee |
| |
| Topic: Government & Collections |
|
|
| Senators Ask IRS to Review Outsourced Collection Program |
|
| U.S. Sens. Byron Dorgan (D-N.D.) and Patty Murray (D-Wash.), yesterday asked new Internal Revenue Service Commissioner Douglas H. Shulman to immediately review what they described as the “ill-advised” IRS program of using private collection agencies to collect taxes. In a letter to Shulman, Dorgan and Murray note, “We believe if you look objectively at the program’ |
| |
| Topic: Government & Collections |
|
|
| PR - San Joaquin Co., Calif., Selects MSB for Collection Services |
|
| Municipal Services Bureau (MSB) is pleased to announce they have entered a collections outsourcing agreement with San Joaquin County in California. “We believe MSB to be the most qualified vendor for the scope of work necessary to service our county. Also, their level of ethics and execution were superior to other agencies we considered,” said Bea Gin, Deputy CEO of the Court.&ldqu |
| |
| Topic: Government & Collections |
|
|
| IRS Outsourced Collection Program Under Political Fire, Again |
|
| The powerful House Ways and Means Committee yesterday passed a measure that would end the Internal Revenue Service’s Private Debt Collection program. Following the vote approving H.R. 5719, legislators held a press conference to voice their opposition to the program. Rep. Chris Van Hollen, a Maryland Democrat who authored an earlier measure to end the outsourcing of collections to private f |
| |
| Topic: Government & Collections |
|
|
| US House Passes Bill Killing IRS Privatization Program |
|
| The House of Representatives Tuesday approved a tax bill containing a provision that would end the Internal Revenue Service’s use of private collection agencies to collect federal taxes. The House approved H.R. 5719, the Taxpayer Assistance and Simplification Act, by a vote of 238 to 179, after proponents wrote to every House member in support of the measure. Leading the charge was the Nat |
| |
| Topic: Government & Collections |
|
|
| Munster Hires Trustmark for Collection Agency Services |
|
| The city of Munster, Ind., is working with a local collection agency to recover $30,000 in delinquent payments. The town council recently awarded the one-year, renewable contract to Trustmark Recovery Services, also of Munster. Trustmark primarily services hospitals and physician groups, with most of its clients in the Midwest. The unpaid fees have remained steady and represent less than 1 perce |
| |
| Topic: Government & Collections |
|
|
| It's Tax Day and The Post Recaps IRS Private Collection Agency Program |
|
| It’s April 15 and many taxpayers are rushing to meet the deadline to file their individual tax returns. The Washington Post opted to run on its front page a story on the $37 million the IRS says it will lose on its private debt collection program. The article recaps much of the already reported debate between opponents and proponents of the program. The story cites program opponent |
| |
| Topic: Government & Collections |
|
|
| Australian Collection Agency Wins Government Contract in Turnaround |
|
| Repcol Limited, formerly a major player in the Australian debt buying market, announced Monday a contract to collect debt for an Australian government agency in a move that could transition the company to a contingency collection shop. The company, based in Balcatta – a suburb of the largest city on the Australian West coast, Perth – said that its subsidiary, Repcol (WA) Pty Ltd. |
| |
| Topic: Government & Collections |
|
|
Do you want a free, no obligation debt collection agency quote? Just complete the quick form to the left, and a top rated debt collection agency will provide you with a free collections quote ASAP.