| Immediate News Release 10/23/2009 |
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Interactive
Data Launches Batch Service for FDCPA
Case Listing Service
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Batch
Service will Alert Debt Collectors of Accounts
With A History Of FDCPA/TCPA Litigation
Atlanta,
Ga., October 23, 2009. Interactive Data, LLC,
(ID) a leading provider of contact accuracy
services has announced a partnership with FDCPA
Case Listing Service LLC to provide alerts of
FDCPA litigation via the Interactive Data suite
of services.
John
Schaeffer, Managing Partner of Interactive Data
LLC said, “Collection agencies need to have as
much information about an account as possible.
The FDCPA Case database enables agencies to
proactively and accurately identify a litigant
involved in a prior legal action and plan accordingly”.
FDCPA
Litigation is a fact of life for every
collection agency, debt buyer and creditor
rights attorney. In 2008, 5383 cases
were filed against collection agencies in U.S.
District Court for alleged violations of the
FDCPA. This represents a 41% increase over
filings in 2007. 2009 case totals are
expected to exceed 7500 for the year.
Bill
Pinkney, founder of FDCPA Case Listing Service
LLC. said, “Interactive Data’s batch
offering of our product is a perfect compliment
to their already robust suite of services and
provides debt buyers, agencies and creditor
rights attorneys with a critical tool in
identifying these accounts. Approximately thirty
percent of these litigants file multiple suits
and Interactive Data's ability to provide a
fully appended data match on these
litigants in an ISO 27001 environment is a
necessity for Accounts Receivable Management
Firms."
John
Schaeffer added, “In this economy, the
likelihood of litigation continues to rise.
Knowing who those likely candidates are in
advance is just smart business and can help to
avoid a lot of heartache on the back side”.
Schaeffer added that the batch service was up
and running and that an online service was in
development.
About
Interactive Data
Interactive Data LLC (ID) is the industry leader
in locating and identifying individuals that are
typically difficult to find. Based in Atlanta
GA, ID offers a variety of search products,
including Real Estate Listings, Death Index, and
Bankruptcy listing searches, as well as Data
Warehousing and cost-efficient unmask-pricing
for Directory Assistance. Leveraging more than
fifty years of collections industry experience,
ID creates relevant, customer-focused searches
that are both comprehensive and cost effective.
Each of these products work seamlessly with IDs
advanced online and batch products. Interactive
Data applications serve the collections,
healthcare, financial, debt-buying and cable
industries as well as law enforcement, and
government applications.
For more information, please visit www.id-info.com,
or call toll free at (866)584-2295 or direct at
(678)584-5252.
About
FDCPA Case Listing Service LLC
Founded in
2007, FDCPA Case Listing Service is the premier
provider of consolidated research tools designed
exclusively for collection agencies, debt
buyers, and creditor rights law firms.
Searchable databases are designed to capture
FDCPA and TCPA litigation in the US District
Courts in the United States. These tools are
used to mitigate risk, manage compliance
initiatives, and provide a centralized reference
database.
For
more information, please visit www.fdcpacases.org
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