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1
Votes
LBS out to weather storm - Manchester Online
Submitted 85 days ago
LBS out to weather stormManchester Online, UK -2 hours agoIn 1975, the group acquired debt collection agency Robinson Way. The deal led to the group changing its name to London Scottish Bank in 1986. ...
 
Topic: Collection Agencies

1
Votes
Portfolio Recovery Associates Q1 2008 Earnings Call Transcript - Seeking Alpha
Submitted 85 days ago
Portfolio Recovery Associates Q1 2008 Earnings Call TranscriptSeeking Alpha, NY -8 minutes ago... bankrupt collections, but also any unowned, inbound-generated collections or collections coming from external activities such as collection agencies. ...
 
Topic: Collection Agencies

1
Votes
Be Judicial in Your Compassion - National Review Online
Submitted 85 days ago
Be Judicial in Your CompassionNational Review Online, NY -1 hour agoHe might have added that so-called compassionate laws suspending private debt collections and delaying legal proceedings have predictable consequences: a ...
 
Topic: Collection Agencies

1
Votes
We're looking to outsource a portfolio - Agency Needed
Submitted 85 days ago
We have a 5 mil portfolio that we're looking to outsource. It's "one agency" OOS with the charge-off dates ranging from 1996 - 2003. These accounts have not been worked in several years. We're willing to outsource for an agency rate of 50%.Call us at 1-800-314-6408 Ext 112Or email Ryan@paclegalservices.com
 
Topic: Debt Collection Forums

1
Votes
ARM Industry Well-Prepared to Collect for IRS
Submitted 85 days ago
Our guest blog today is from Kimberly A. Mahoney, a corporate development manager with collection law firm Weltman, Weinberg & Reis Co. Kimberly responds to opponents of the IRS privatization program. I have been following the progress, or considerable lack of it, on the IRS outsourcing issue for the past five years. I have a few comments on recent developments and the opinions expressed by th
 
Topic: Government & Collections

1
Votes
State-Owned German Bank Sending Collectors after Zimbabwe
Submitted 85 days ago
A state-owed development bank in Germany is sending an international commercial debt collector after the government of Zimbabwe to recover some $150 million in loans made to the country for infrastructure projects. The action comes two weeks after the collection agency made headlines by attempting to seize a shipment of weapons bound for the African nation. KfW, a German state-controlled d
 
Topic: Government & Collections

1
Votes
Executive Change: NCB Management Services Names Marcelo Aita as CEO
Submitted 85 days ago
NCB Management Services, Inc. today announced that Marcelo A. Aita will assume the role of Chief Executive Officer, effective June 1, 2008 for The NCB Group of companies including their debt-purchasing arm, National American Credit Corp. "Marcelo brings specific capabilities and experience that complements our strengths and allows us to take our business to the next level,” sa
 
Topic: Collections Industry

1
Votes
NCO-OSI Deal May Create Conflict of Interest in Student Loan Collections
Submitted 85 days ago
An association of student financial aid administrators Thursday said that NCO Group’s acquisition of Outsourcing Solutions, Inc. (OSI) may create a conflict of interest of the regulations that govern student loan billing and collection, but a spokesman for NCO said the company has already addressed the matter. The National Association of Student Financial Aid Administrators (NASFAA),
 
Topic: Collections Industry

1
Votes
First Financial Network to Sell $6 Million Loan Portfolio
Submitted 85 days ago
Oklahoma City, Okla.-based First Financial Network, Inc., (FFN), the nation's leading loan sale advisor, is pleased to announce that it will market and manage the sale of approximately $6 million in loans from Hume Bank, for which the FDIC is acting as receiver.Bliss Morris, President and CEO of FFN, said, "We are pleased to assist the FDIC with this assignment. We have proven our ability to
 
Topic: Debt Purchasing

1
Votes
Wilhelm v. Credico, Inc.
Submitted 81 days ago
Case summary.
 
Topic: ACA News