Collections Industry

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Intrum Justitia's Norwegian Subsidiary Regains Collection License
Submitted 367 days ago
Swedish-account receivables management giant Intrum Justitia said that Norwegian authorities had reversed their November 2007 decision to revoke the license of its Norwegian division. Intrum said it had strengthened control and administrative security at the division, and ordered an external audit of its production system. Michael Wolf, Intrum president and CEO, said in a statement that the compa
 
Topic: Collections Industry
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Ontario Systems Publishes Knowledge Base
Submitted 367 days ago
Ontario Systems announced today it is providing on demand access to its Knowledge Base for its customers. The first of its kind for the receivables management industry, the Knowledge Base expands the resources available to the community running on Ontario Systems’ platform. The Knowledge Base contains thousands of searchable documents offering answers and solutions to perform specific actio
 
Topic: Collections Industry
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ProVest Opens Maryland Branch to Assist With New Legislative Demands
Submitted 367 days ago
Tampa, Fla.-based ProVest, a national process server management company dedicated to improving the default servicing industry, announced that it opened an office in Maryland to support the state’s home retention efforts. The new office provides local attorneys and mortgage servicers with resources necessary to meet Maryland’s emergency legislation requiring a private process server to
 
Topic: Collections Industry
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Collectors Face New Law in Colorado, and NY Considers Debtor's Bill of Rights
Submitted 385 days ago
Two states have advanced legislation directly impacting debt collection activity within their borders in the past week. New York’s General Assembly passed a package of bills that would allow for more consumer disclosure of the state’s FDCPA laws, establish an administrative procedure for violations, and curtail seizure of certain assets to pay off debts. Colorado signed a bill into la
 
Topic: Collections Industry
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The National List of Attorneys Raises the Bar with New Mentor Program
Submitted 385 days ago
The National List of Attorneys continues to raise the bar with its new Mentor Program, which pairs an experienced attorney member of The National List with a lawyer who is developing a collection practice, a new member of The National List or even a member who is looking for guidance on how to grow his or her collection practice. “Mentoring is a brain to pick, an ear to listen, and a push
 
Topic: Collections Industry
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PR - President Buys Central Credit Services
Submitted 477 days ago
Jacksonville, Fla.-based Central Credit Services, Inc. (CCS), an accounts receivable management solutions provider, announced that President and Chief Executive Officer James J. (Jim) Eccleston has purchased all outstanding shares from company founder Peter G. Durante, completing a series of talks that began in 2007. Terms of the agreement were not disclosed. Founded by Mr. Durante
 
Topic: Collections Industry
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PR - Chapin Revenue Cycle Management Services Earn HFMA's Peer Review Designation
Submitted 477 days ago
The Healthcare Financial Management Association (HFMA) recently examined Chapin Revenue Cycle Management services using HFMA's Peer Review process. After undergoing a rigorous review, Chapin's Managed Care and Commercial Insurance Collection services have received the notable "Peer Reviewed by HFMA" designation. Chapin's Managed Care and Commercial Insurance Collections serv
 
Topic: Collections Industry
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Top 10 Debtor Excuses
Submitted 477 days ago
Excuses – you hear them every day. Many readers have shared their strangest ones in our insideARM discussion forum. For your reading enjoyment, here are our “Top 10 Favorite Debtor Excuses:” # 10. "The check is in the mail" # 9. “How dare you call on a Sunday? I am going to pray for bad things to happen to you.” # 8. “I don't owe a def
 
Topic: Collections Industry
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Executive Change: Gary Holter Named President & CEO of Creditors Interchange
Submitted 477 days ago
Creditors Interchange Receivable Management, LLC is pleased to announce the appointment of Gary Holter as President and Chief Executive Officer. Mr. Holter, the Company’s chief financial officer since 2003, will be responsible for all aspects of the company’s operations and will be added to the company’s board. He brings over twenty-five years of operational mana
 
Topic: Collections Industry
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FDCPA Ruling Reinforces Debt Collectors Obligation to Check Client Information
Submitted 356 days ago
A ruling this week by a federal appeals court held that debt collectors must provide more than a declaration that it had “extensive procedures” to avoid errors and a reliance on accurate creditor information when mounting a bona fide error defense to violations of the Fair Debt Collection Practices Act (FDCPA). In a case before the U.S. Ninth Circuit Court of Appeals, Judge Mary M. S
 
Topic: Collections Industry