Collection Recon

Unpaid tickets for parking in Phoenix pile up for rental-car companies

Posted on 31. Aug, 2010 by Collections Recon.

Rental-car companies owe Phoenix nearly $100,000 in unpaid parking tickets, according to the “boot-and-tow” list used by police to impound vehicles registered to repeat offenders.

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Bally’s Fitness Agrees To Settlement In Misleading ‘Past-Due’ Mailings

Posted on 31. Aug, 2010 by Collections Recon.

California-based Bally Total Fitness today signed an agreed judgment with the Texas Attorney General’s Office that prohibits the fitness firm from continuing to send former members misleading “past-due” mailings.

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ACH Federal Tapped to Administer ACH Processing Services for UMassFive College Federal Credit Union

Posted on 31. Aug, 2010 by Collections Recon.

ACH Federal, a provider of Web-based ACH processing services to both banks and businesses, has been selected to provide UMassFive College Federal Credit Union, an independent not-for-profit cooperative financial institution, with pay-by-phone Automated Clearing House (ACH) processing services for its valued members.

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Alabama schools turn to bank loans to operate

Posted on 31. Aug, 2010 by Collections Recon.

Alabama schools have been having a rough time of it, and it only looks like it’s going to get rougher. The Cotton State recently came in last place in the federal Department of Education’s Race to the Top grant competition.

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Kansas hopes August tax collections bring good news

Posted on 31. Aug, 2010 by Collections Recon.

Kansas officials are hoping the state’s tax collections in August met expectations.

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New database details unpaid taxes in Pa.

Posted on 30. Aug, 2010 by Collections Recon.

Attention, local businesses and residents behind on your Pennsylvania taxes:

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SearchAmerica® launches Data Breach Advance Response™ to address rising number of medical data breaches

Posted on 30. Aug, 2010 by Collections Recon.

SearchAmerica®, a part of Experian® and a leader in financial clearing services for health care, today launched its newest service offering for hospitals, Data Breach Advance Response™. The new service helps hospitals by providing a data breach preparedness plan so they can respond quickly and efficiently should a breach occur.

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Texas AG Abbott charges servicer with illegal collection tactics

Posted on 30. Aug, 2010 by Collections Recon.

Texas Attorney General Greg Abbott has charged Coppell, Texas-based American Home Mortgage Servicing Inc. (AHMS) with using illegal debt collection tactics and improperly misleading struggling homeowners. According to state investigators, AHMS collections agents used aggressive and unlawful tactics to collect payments from Texas homeowners who had difficulty meeting their payment obligations. The defendant also failed to credit homeowners who properly submitted their payments on time.

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Vengroff, Williams and Associates Drives Significant Operational Efficiencies and Reduces Revenue Leakages for CPG Industry

Posted on 27. Aug, 2010 by Collections Recon.

LOS ANGELES – Vengroff, Williams & Associates, Inc. (VWA), the global domain leader for Order to Cash Business Process Outsourcing, today announced significant momentum among its roster of clients in the CPG sector. By using its proprietary technology to improve the order to cash cycle, VWA is helping to increase the effectiveness and efficiency of major CPG manufacturers’ deduction management.

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ACA Joins U.S. Chamber Call to Repeal IRS Reporting Requirement in Healthcare Bill

Posted on 27. Aug, 2010 by Collections Recon.

As the new health care bill slowly begins to take effect and people begin to examine the small details within the legislation, little known provisions have been discovered that have the potential to impose large burdens on small business in the very near future. One of these provisions is known as the 1099 reporting requirement.

This requirement, added to the health care bill because of the need to reduce a tax gap and raise revenue for the bill without raising taxes, amends the 1099 reporting requirement in the Internal Revenue Code by removing the reporting exemption for companies and expanding the types of payments that need to be reported to include property and other gross proceeds.

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