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EDITORIAL NEWS

  • Protect Your Business With Compliance: Educational Training

    by Robert Pinchuck Many of our businesses in the debt collection industry have been around and doing well for several years. I’m sure you have asked yourself many times “What …

  • Interrogate Your Attorney Handling Your Post Judgment Enforcement

    by Robert Pinchuck Recently, I was speaking with a close friend, an attorney with 30 years’ experience owning a successful collection law firm; and who has handled most of my …

UPCOMING EVENTS

  • Learn How to Open a Nearshore Call Center

    Learn How to Open a Nearshore Call Center

    Location: Montego Bay, Jamaica Date: February 24-26, 2019
  • Commercial Collection Agencies of America Mid-Year Conference

    Commercial Collection Agencies of America Mid-Year Conference

    Location: Royal Sonesta – New Orleans, LA Date: March 7-9, 2019
  • CLLA Annual Convention

    CLLA Annual Convention

    Location: Orlando, FL Date: May 8-11, 2019

FEATURED ARTICLES

  • RSR Collections & Creditors’ Rights Update

    Many states have long adhered to the common law rule that an agent contracting on behalf of a known principal does not become personally liable to the other contracting party …

ATTORNEY SPONSORS

EDUCATIONAL NEWS

  • Federal Watchdog Issues Scathing Report On Ed Department’s Handling Of Student Loans

    A critical new report from the U.S. Department of Education’s Office of Inspector General finds the department’s student loan unit failed to adequately supervise the companies it pays to manage …

  • Student Loan Debt Has Almost Doubled In Maine

    Student loan debt in Maine rose 94 percent from $3.1 billion in 2008 to $6 billion in 2018, according to a study by credit agency Experian. Nationally, the total debt …

BREAKING NEWS

  • FTC Seizes Assets Of Fake Debt Collection Company

    The Federal Trade Commission (FTC) has secured a court order that has temporarily seized the assets of a company it accuses of running a debt collection scam. In its complaint, …

  • FTC Busts “Phantom Debt” Collection Scheme

    The Federal Trade Commission said Friday it has filed a lawsuit against 10 New York and North Carolina companies and six individuals for allegedly defrauding consumers out of millions of …

NEWS ALERT

  • Lighthouse Consulting Prepares to Welcome Current and Prospective Clients to Open House

    February 19, 2019 – Montego Bay, Jamaica–Lighthouse Consulting Jamaica, a leading Business Process Outsourcing firm serving the credit and collections industry, will host a three-day open house, February 24-26, 2019 …

  • Centrelink Cancels 40,000 Robodebts

    Centrelink has now wiped, reduced or written off 70,000 “robodebts”, new figures show, as the government’s automated welfare debt recovery scheme faces a landmark court challenge.

  • Cherrywood Enterprises: The Next Big Trend For Debt Buyers & Sellers

    By: Craig M. Geisler Over the past 10 years, the debt marketplace has certainly changed quite a bit.  Back in 2007-2009, credit card resales dominated the market place, with splashes …

LEGAL NEWS

  • CFPB Is Looking Out For Financial Predators Instead Of Main Street

    To protect Main Street Americans — consumers, investors, homeowners, students, soldiers, retirees and the elderly — from predatory financial behavior and financial instability that can lead to devastating financial crashes …

  • 2nd Circuit Affirms Individual Owners of Debt Collector Companies Personally Liable for Companies’ FDCPA and FTCA Violations

    The Second Circuit recently held that it was proper to find two individual co-owners and co-directors of several corporate debt collector entities personally liable for $10,852,396 after such entities violated …

  • Wisconsin District Court Dismisses Debt Collection Action, Holding that Total Amount Due Can Include Current Monthly Payment

    On January 22, a district court in Wisconsin dismissed a debt collection action, with prejudice, on the basis that the inclusion of the current monthly payment in the “amount due …

INTERNATIONAL NEWS

  • Credit Bank Of Moscow Eurobond Sale

    Russia’s second-largest private bank successfully tapped global debt markets this week, via the sale of a heavily over-subscribed issue. On Tuesday, Credit Bank of Moscow sold €500m of senior five-year …

  • Zimbabwe On Course To Clear International Debt

    Finance Minister Mthuli Ncube said Zimbabwe is on course to clear its international debt. Ncube said this in an interview on the sidelines of his presentation to students of Defence …

  • Chinese Court Creates App To Alert Citizens Of Deadbeat Debtors In Their Area

    No one’s ever going to confuse China for a free and open country, but it seems like the government is trying just a bit too hard to let citizens know …

GOVERNMENT NEWS

  • Process Improvements Needed In Recouping Overpayments To Service Members

    The Department of Defense sometimes makes errors and overpays service members. DOD has acknowledged that its collections for overpayments have placed an undue burden on service members and, at times, …

  • Small Payoff of Private Tax Collection

    An audit has found that since the start nearly two years ago of an IRS program to turn over certain overdue tax debt to private collection agencies, they have recovered …

  • Lawmakers To Consider Bill Protecting Injured Workers From Debt Collection

    A Nebraska lawmaker on Friday introduced a bill that would bar debt collection agencies from contacting injured workers for unpaid medical bills if their case is before the Nebraska Workers’ …

BANKRUPTCY NEWS

  • Payless Closing All US Shoe Stores

    DALLAS (CBS) – Payless ShoeSource Inc. is planning to close all its stores in the United States in anticipation of filing for bankruptcy again, according to reports. Reuters and The …

  • Judge gives Eddie Lampert the greenlight as Sears get a second shot at life

    Billionaire hedge fund investor Eddie Lampert got his wish and Sears is getting a second shot a life. On Thursday, U.S. Bankruptcy Judge Robert Drain approved a $5.2 billion bid …

  • Walgreens Buys 63 Pharmacies Out Of Bankruptcy

    Walgreens purchased 63 pharmacies from Shopko Stores Operating Co. during a bankruptcy auction Jan. 28, reports the Milwaukee Business Journal. Shopko filed for Chapter 11 bankruptcy protection in January, announcing …

PRESS RELEASES

  • Lighthouse Consulting Prepares to Welcome Current and Prospective Clients to Open House

    February 19, 2019 – Montego Bay, Jamaica–Lighthouse Consulting Jamaica, a leading Business Process Outsourcing firm serving the credit and collections industry, will host a three-day open house, February 24-26, 2019 …

  • AGILITY Outsourcing 1 Announces the hiring of Jason Brunet as Executive Vice President, Corporate Development (EVP) for Outsource Business Solutions, Internal Business Affairs and External Relations

    RICHMOND HILL – AGILITY Outsourcing 1 (AGILITY) President & CEO,Nicholas A. Papeo today announced the hiring of Jason W. Brunet to the position of Executive Vice President, Corporate Development for …

  • Lighthouse Consulting Jamaica Expands Global Operations

    January 25, 2019 – Montego Bay, Jamaica–Lighthouse Consulting Jamaica, a leading Business Process Outsourcing firm serving the credit and collections industry, announced the engagement of several new clients across the …

FEATURED VIDEOS

FDCPA Video

Enforcement of Judgments

Judgment Recovery Assistance

Commercial Collection Lawyer Debt Collection Law Firm

Seize Assets

Applications to Set Aside Judgments

PUBLIC NOTICES

  • Notice of Disposition of Collateral Public Auction – UCC Foreclosure Sale Radnor, PA

    Take notice that Arena Acquisition SPV 2, LLC (as agent …

BREAKING NEWS

  • FTC Seizes Assets Of Fake Debt Collection Company

    The Federal Trade Commission (FTC) has secured a court order that has temporarily seized the assets of a company it accuses of running a debt collection scam. In its complaint, …

  • FTC Busts “Phantom Debt” Collection Scheme

    The Federal Trade Commission said Friday it has filed a lawsuit against 10 New York and North Carolina companies and six individuals for allegedly defrauding consumers out of millions of …

NEWS ALERT

  • Lighthouse Consulting Prepares to Welcome Current and Prospective Clients to Open House

    February 19, 2019 – Montego Bay, Jamaica–Lighthouse Consulting Jamaica, a leading Business Process Outsourcing firm serving the credit and collections industry, will host a three-day open house, February 24-26, 2019 …

  • Centrelink Cancels 40,000 Robodebts

    Centrelink has now wiped, reduced or written off 70,000 “robodebts”, new figures show, as the government’s automated welfare debt recovery scheme faces a landmark court challenge.

  • Cherrywood Enterprises: The Next Big Trend For Debt Buyers & Sellers

    By: Craig M. Geisler Over the past 10 years, the debt marketplace has certainly changed quite a bit.  Back in 2007-2009, credit card resales dominated the market place, with splashes …

LEGAL NEWS

  • CFPB Is Looking Out For Financial Predators Instead Of Main Street

    To protect Main Street Americans — consumers, investors, homeowners, students, soldiers, retirees and the elderly — from predatory financial behavior and financial instability that can lead to devastating financial crashes …

  • 2nd Circuit Affirms Individual Owners of Debt Collector Companies Personally Liable for Companies’ FDCPA and FTCA Violations

    The Second Circuit recently held that it was proper to find two individual co-owners and co-directors of several corporate debt collector entities personally liable for $10,852,396 after such entities violated …

  • Wisconsin District Court Dismisses Debt Collection Action, Holding that Total Amount Due Can Include Current Monthly Payment

    On January 22, a district court in Wisconsin dismissed a debt collection action, with prejudice, on the basis that the inclusion of the current monthly payment in the “amount due …

INTERNATIONAL NEWS

  • Credit Bank Of Moscow Eurobond Sale

    Russia’s second-largest private bank successfully tapped global debt markets this week, via the sale of a heavily over-subscribed issue. On Tuesday, Credit Bank of Moscow sold €500m of senior five-year …

  • Zimbabwe On Course To Clear International Debt

    Finance Minister Mthuli Ncube said Zimbabwe is on course to clear its international debt. Ncube said this in an interview on the sidelines of his presentation to students of Defence …

  • Chinese Court Creates App To Alert Citizens Of Deadbeat Debtors In Their Area

    No one’s ever going to confuse China for a free and open country, but it seems like the government is trying just a bit too hard to let citizens know …

GOVERNMENT NEWS

  • Process Improvements Needed In Recouping Overpayments To Service Members

    The Department of Defense sometimes makes errors and overpays service members. DOD has acknowledged that its collections for overpayments have placed an undue burden on service members and, at times, …

  • Small Payoff of Private Tax Collection

    An audit has found that since the start nearly two years ago of an IRS program to turn over certain overdue tax debt to private collection agencies, they have recovered …

  • Lawmakers To Consider Bill Protecting Injured Workers From Debt Collection

    A Nebraska lawmaker on Friday introduced a bill that would bar debt collection agencies from contacting injured workers for unpaid medical bills if their case is before the Nebraska Workers’ …

BANKRUPTCY NEWS

  • Payless Closing All US Shoe Stores

    DALLAS (CBS) – Payless ShoeSource Inc. is planning to close all its stores in the United States in anticipation of filing for bankruptcy again, according to reports. Reuters and The …

  • Judge gives Eddie Lampert the greenlight as Sears get a second shot at life

    Billionaire hedge fund investor Eddie Lampert got his wish and Sears is getting a second shot a life. On Thursday, U.S. Bankruptcy Judge Robert Drain approved a $5.2 billion bid …

  • Walgreens Buys 63 Pharmacies Out Of Bankruptcy

    Walgreens purchased 63 pharmacies from Shopko Stores Operating Co. during a bankruptcy auction Jan. 28, reports the Milwaukee Business Journal. Shopko filed for Chapter 11 bankruptcy protection in January, announcing …

EDITORIAL NEWS

  • Protect Your Business With Compliance: Educational Training

    by Robert Pinchuck Many of our businesses in the debt collection industry have been around and doing well for several years. I’m sure you have asked yourself many times “What …

  • Interrogate Your Attorney Handling Your Post Judgment Enforcement

    by Robert Pinchuck Recently, I was speaking with a close friend, an attorney with 30 years’ experience owning a successful collection law firm; and who has handled most of my …

UPCOMING EVENTS

  • Learn How to Open a Nearshore Call Center

    Learn How to Open a Nearshore Call Center

    Location: Montego Bay, Jamaica Date: February 24-26, 2019
  • Commercial Collection Agencies of America Mid-Year Conference

    Commercial Collection Agencies of America Mid-Year Conference

    Location: Royal Sonesta – New Orleans, LA Date: March 7-9, 2019
  • CLLA Annual Convention

    CLLA Annual Convention

    Location: Orlando, FL Date: May 8-11, 2019

FEATURED ARTICLES

  • RSR Collections & Creditors’ Rights Update

    Many states have long adhered to the common law rule that an agent contracting on behalf of a known principal does not become personally liable to the other contracting party …

ATTORNEY SPONSORS

EDUCATIONAL NEWS

  • Federal Watchdog Issues Scathing Report On Ed Department’s Handling Of Student Loans

    A critical new report from the U.S. Department of Education’s Office of Inspector General finds the department’s student loan unit failed to adequately supervise the companies it pays to manage …

  • Student Loan Debt Has Almost Doubled In Maine

    Student loan debt in Maine rose 94 percent from $3.1 billion in 2008 to $6 billion in 2018, according to a study by credit agency Experian. Nationally, the total debt …

PRESS RELEASES

  • Lighthouse Consulting Prepares to Welcome Current and Prospective Clients to Open House

    February 19, 2019 – Montego Bay, Jamaica–Lighthouse Consulting Jamaica, a leading Business Process Outsourcing firm serving the credit and collections industry, will host a three-day open house, February 24-26, 2019 …

  • AGILITY Outsourcing 1 Announces the hiring of Jason Brunet as Executive Vice President, Corporate Development (EVP) for Outsource Business Solutions, Internal Business Affairs and External Relations

    RICHMOND HILL – AGILITY Outsourcing 1 (AGILITY) President & CEO,Nicholas A. Papeo today announced the hiring of Jason W. Brunet to the position of Executive Vice President, Corporate Development for …

  • Lighthouse Consulting Jamaica Expands Global Operations

    January 25, 2019 – Montego Bay, Jamaica–Lighthouse Consulting Jamaica, a leading Business Process Outsourcing firm serving the credit and collections industry, announced the engagement of several new clients across the …

FEATURED VIDEOS

FDCPA Video

Enforcement of Judgments

Judgment Recovery Assistance

Commercial Collection Lawyer Debt Collection Law Firm

Seize Assets

Applications to Set Aside Judgments

PUBLIC NOTICES

  • Notice of Disposition of Collateral Public Auction – UCC Foreclosure Sale Radnor, PA

    Take notice that Arena Acquisition SPV 2, LLC (as agent …
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