Archive for May, 2011

New York State’s Top Judgment Collection Agency, Recovery Of Judgment, reaches $20 Million in Judgments

Posted on 25. May, 2011 by .

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Recovery of Judgment is pleased to announce that it currently manages $20 Million in judgments. The rapidly expanding company has quickly earned a reputation for being one of the premier debt collection and judgment enforcement companies in the greater New York area.

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DCM Services, Forte Announce U.S. Patents for Probate Estate Recovery Technology, Processes

Posted on 24. May, 2011 by .

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DCM Services, the industry leader in deceased account recovery services, and its sister company Forte, the leading provider of probate technologies including Probate Finder OnDemand™, today announced that Forte has been granted U.S. Patents No. 7,801,831 and No. 7,801,832 by the United States Patent and Trademark Office.

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State Employees’ Credit Union Voluntarily Removes Garnishment as a Collection Option

Posted on 24. May, 2011 by .

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The Board of Directors of State Employees’ Credit Union (SECU) has approved eliminating the use of wage garnishment as a collection tool with SECU members in all states.

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e2b software Announces Anytime Collect Version 2.0.2 Including New Communication Wizard and Customer Self-Service Portal

Posted on 24. May, 2011 by .

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e2b software (www.e2bsoft.com) announced today the 2.0.2 release of Anytime Collect, the company’s flagship accounts receivable collections software.

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Audit finds agencies’ debt collections lacking

Posted on 24. May, 2011 by .

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A convenience store in Walton racked up more than $80,000 in debt for tickets purchased from the Kansas Lottery after 21 attempts to automatically draft money from the owner’s bank account were rejected for insufficient funds

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ARM Industry Gives Iraq Veteran Hot Water, Way to Work

Posted on 24. May, 2011 by .

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Christopher Baker came to ARMing Heroes (www.armingheroes.org) for help late in 2010 in response to the organization’s call for applicants for its No Debts for Vets grant-making program.

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Consumers get new watchdog

Posted on 23. May, 2011 by .

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One of the most daunting tasks facing the new federal agency charged with protecting Americans’ wallets is also the most basic: answering complaints from consumers.

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CFSA Issues Statement on CFPB Complaint Process

Posted on 23. May, 2011 by .

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The Community Financial Services Association of America (CFSA) strongly supports the Consumer Financial Protection Bureau’s (CFPB) goal to have an open and transparent complaint process. All legitimate complaints against credit providers and collection agencies should be disclosed to promote competition and a vibrant marketplace that serves consumers best.

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Encore Capital Group, Inc. under Investor Investigation

Posted on 23. May, 2011 by .

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The Shareholders Foundation announces that the investigation on behalf of investors in Encore Capital Group, Inc. (NASDAQ:ECPG) continues and ECPG stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

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FDCPA and Other Consumer Lawsuit Statistics, April 16-30, 2011

Posted on 23. May, 2011 by .

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There were about 532 lawsuits filed under consumer statutes in the second half of April 2011

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