Collection Recon

Official Notice of Proposed Amendments to ACA Bylaws and Standard Operating Procedures

Posted on 20. Oct, 2011 by Collections Recon.

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Over the past year, ACA International has embarked on a journey to modernize our international trade association’s governance structure.

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Turkey Debt Collection Agencies Take 5 Million Loans, Aksam Says

Posted on 19. Oct, 2011 by Collections Recon.

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Out of 6.6 billion liras ($3.5 billion) in non-performing loans sold to collection agencies, 52 percent were personal and credit-card loans and 48 percent commercial loans, the Istanbul- based newspaper said, citing Hasan Tengiz, general manager of Girisim Varlik Yonetim AS, a debt collection agency.

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Portfolio Recovery Associates to Announce Third Quarter 2011 Results on October 27, 2011

Posted on 19. Oct, 2011 by Collections Recon.

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NORFOLK, VA–(Marketwire – Oct 17, 2011) – Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a specialized financial services company and market leader in the consumer debt purchase and collection industry, will announce its third quarter 2011 results on October 27, 2011.

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New Collection Attorney Certification Board Getting Industry Attention

Posted on 17. Oct, 2011 by Collections Recon.

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Chicago, IL, October 14, 2011 –(PR.com)– Founded to help collection attorneys and their collection staff meet the competition associated with Creditors’ Rights and Collection Law along with the other challenges of a rapidly changing economy, a group of professionals with decades of experience in the collection industry have formed a new organization that has the credit industry talking about the future!

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Collecting fines costs money, too

Posted on 09. Oct, 2011 by Collections Recon.

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Getting a ticket from the mechanical red-light camera police might leave lots of folks red-faced — possibly from embarrassment, or more likely anger.

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Debt Resolve (DRSV) Brings Debt Collection Industry Online

Posted on 03. Oct, 2011 by Collections Recon.

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Debt Resolve Inc. (OTCBB: DRSV) is a leading provider of patented online bidding solutions for the settlement and collection of defaulted consumer debt. The company also provides early stage solutions for delinquent debt that has not charged off. Unlike Portfolio Recovery Associates Inc. (NASDAQ: PRAA) and Asset Acceptance Capital Corporation (NASDAQ: AACC), the company does not buy debt but works as a pure play technology company with banks, creditors, law firms and collections agencies to help them more efficiently recover funds.

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Law sets rules for collection of medical bills

Posted on 02. Oct, 2011 by Collections Recon.

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When you receive medical care at a hospital or a doctor’s office, it’s rarely the case that your health plan will pay 100 percent of the charges. Even with a co-pay thrown in, there will usually be a balance remaining.

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Brown County Jail bills inmates for incarceration but rarely collects all bills

Posted on 02. Oct, 2011 by Collections Recon.

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After paying their debt to society, many Brown County Jail inmates still owe something when they’re released.

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ACOM Medical Billing Increases Chiropractor’s Collections; Provides Transparency

Posted on 30. Sep, 2011 by Collections Recon.

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DULUTH, Ga., Sep 28, 2011 (BUSINESS WIRE) — ACOM Health announces a new chiropractic billing service — ACOM Medical Billing (AMB) — that is revolutionizing the way chiropractors can bill and collect.