Collection Recon

Quick analysis: FDCPA and TCPA lawsuits are down, FCRA and TILA lawsuits are up.

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DALLAS, Jan. 26, 2012 /PRNewswire via COMTEX/ — Alliance Data Systems Corporation /quotes/zigman/255369/quotes/nls/ads ADS -0.46% , a leading provider of loyalty and marketing solutions derived from transaction-rich data, today announced it has signed a multi-year renewal agreement to continue providing private label credit card services to Reeds Jewelers ( www.reeds.com ), a leading multichannel jewelry retailer with 60 stores in 13 states including e-commerce and catalog sales channels. A purveyor of certified diamonds, diamond rings, fine jewelry, watches, and distributor of leading designer brand jewelry, including several luxury brands, Reeds also boasts strong bridal product line sales. Founded in 1946 and headquartered in Wilmington, N.C., the family-owned and operated company has been an Alliance Data client for 10 years.

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Equifax, the credit rating business, has launched a service to give more information on companies and directors.

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ATLANTA, Jan 25, 2012 (BUSINESS WIRE) — Orion Law Management Systems, Inc. ( www.orionlaw.com ), a leader in Financial and Practice Management software for law firms, will announce their new AR Collection Manager Module next week at LegalTech New York ’12. The new Module communicates and records collection activities; effectively managing accounts receivable (AR) and providing accurate, real-time information about invoice status. Live webinar demonstrations of the Orion AR Collection Manager are available tomorrow and next Friday — see below for details.

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Phoenix, Ariz. – January 26, 2012 – BillingTree®, one of the nation’s leading on-demand payment processors headquartered in Phoenix, announced that its annual BillingTree RockBlock concert raised $80,000 for the Arizona Republic’s Season for Sharing fund, which helps human service agencies in Arizona. This is some 60% higher than BillingTree’s previous highest donations to an individual charity – ChildHelp® and the Juvenile Diabetes Research Foundation (JDRF) which each received $50,000 in 2010 from the BillingTree RockBlock charity fund raiser concert event.

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Lighthouse Point, FL (PRWEB) January 25, 2012

Debt Management Credit Counseling Corp, a nonprofit charitable organization (“DMCC”), announced today that it has been approved as an adopter of the National Industry Standards for Homeownership Education and Counseling (NISHEC). As the economic downturn persists, many homeowners are dealing with reduced incomes and declining home values. They struggle to avoid foreclosure, but navigating the system can be extremely difficult. Housing counseling agencies can help, but it’s difficult for consumers to know which organizations they can trust. The NISHEC can help make that decision easier. NISHEC recognizes DMCC as an approved adopter of these standards and holds DMCC to a high standard of excellence, ensuring that consumers are provided the most consistent and critical information, advice and guidance.

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