Tag Archives: debt collection

DebtConnect Online Releases its Next Generation Debt Settlement Portal

Posted on 20. Aug, 2012 by .

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DebtConnect Online (www.debtconnectonline.com), a debt settlement portal, powered by CareOne technology, will release its new and improved version on September 9th, 2012. This new version will allow creditors and debt buyers to reach settlements faster and easier than ever before. Creditors will be able to easily upload any accounts on which they are attempting to collect that are being represented by CareOne or Persels & Associates. They will also be able to easily access settlement offers and reports via a secure internet connection.

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CBE Group Retains McGladrey LLP to Conduct Proactive CFPB Assessment

Posted on 18. Jul, 2012 by .

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Progressive and first of its kind assessment set to prepare CBE Group for the Consumer Financial Protection Bureau (CFPB) formal review in the future CEDAR FALLS, Iowa and CEDAR RAPIDS, Iowa – July 18, 2012 – The CBE Group, Inc. (CBE), a leader in the debt collection industry, and McGladrey LLP (McGladrey) the fifth largest [...]

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Aspen National Collections Providing Sponsorship for ARDA During 2012

Posted on 15. Mar, 2012 by .

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Aspen’s sponsorship for ARDA not only includes support for the April 1-5 ARDA World 2012, but for all regional meetings throughout the year and the Fall Conference.

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Debt collection agency sued for repeatedly calling consumer

Posted on 12. Mar, 2012 by .

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A debt collection agency is being sued for violating federal law by contacting a consumer after receiving a written request to stop all telephone calls.

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Atradius Net Profit up 3.9%, to EUR 129.8 Million, With a 3.5% Increase in Revenue

Posted on 12. Mar, 2012 by .

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Atradius, a global leader in credit insurance, debt collection and bonding, today reported profit after tax of EUR 129.8 million for its 2011 financial year, on a 3.5% increase in revenue to EUR 1,553.8 million.

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AmeriWorks Financial Services, Inc. (AWKS) Plans to Launch A Series of Debentures Collateralized by Debt Portfolios

Posted on 28. Feb, 2012 by .

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AmeriWorks Financial Services, Inc., (symbol “AWKS”) has today announced a major shift in the business priorities of the Company. “Since becoming a public Company on December 16, 2010, we have been seeking capital to market certain financial products we have developed,” said Louis Perosi, Jr. President of the Company. “The arbitrary price of our Common Stock by market makers has made it impossible to raise equity capital at a reasonable price.” The Company started out as a collection Company approximately 10 years ago and has continued to collect all forms of debt while specializing in the collection of bad checks. The Company’s annual report shows a small profit for the year ended December 31, 2011 as a result of collection income. “Our foundation business has always been collections,” said Perosi. “Therefore, in a Board of Directors meeting held on Monday, February 20, 2012, the Board made a decision to focus on collections and fund the marketing of its other financial products through the expansion of its collection business.”

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Debt company Asset Acceptance settles FTC charges it harassed consumers, flouted rules

Posted on 27. Feb, 2012 by .

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One of the nation’s biggest debt collectors has agreed to pay $2.5 million to settle Federal Trade Commission allegations that the company tried to trick people into paying old debts — part of a crackdown by regulators triggered by a growing number of consumer complaints.

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Nation’s Largest Bankruptcy Law Firm Focuses on Protecting Consumer Rights

Posted on 23. Feb, 2012 by .

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Since 2006, complaints to the Federal Trade Commission (FTC) have doubled, forcing Americans to take debt collectors to court for violations of the Fair Debt Collection Practices Act, and win.

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Attorney General’s Office could collect debts for Stark County

Posted on 14. Feb, 2012 by .

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The Ohio Attorney General’s Office wants to help collect Stark County government’s IOUs.

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Latitude Software and PaymentVision Offer Integrated Debt Collection and Electronic Payment Solution

Posted on 09. Feb, 2012 by .

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JACKSONVILLE, Fla. & GAITHERSBURG, Md.–(BUSINESS WIRE)–

Latitude Software, an Interactive Intelligence Group Inc. company (Nasdaq: ININ – News), and PaymentVision have partnered to offer an integrated debt collection and electronic payment solution.

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