Name: Collection Industry News
Address: 5255 N Federal Highway, 2nd Floor, Boca Raton, FL, 33487
Telephone: 561-995-9662

Debt-collection lawsuits are roaring back, along with an old ruse that victimizes borrowers
Esther Roman, a 60-year-old grandmother in Brooklyn, was alarmed when she noticed in January that her $300 weekly paycheck was $27.99 short. She called her employer, a home health care …
U.S. consumer watchdog fines debt collector, drops customer payouts
WASHINGTON, July 13 (Reuters) – U.S. consumer watchdog chief Mick Mulvaney ordered that a debt collector and its former chief executive be fined $800,000 for harassing customers, but he dropped …
Federal judge rules that CFPB’s structure is unconstitutional
U.S. District Judge Loretta Preska in Manhattan objected to the CFPB’s setup as an independent agency with a single director who can be fired by the president only for cause, …

WebRecon Stats for June 2018: Summer Slump?
Everything was down in June. FDCPA, FCRA and TCPA (-2.4%, -26.6% and -20.9%, respectively) and CFPB complaints (-11.4%) all plummeted from what had been a strong May for all categories …
Judge overturns driver’s license revocations tied to court debt
Following a federal court order, the Tennessee Department of Safety and Homeland Security is reinstating driver’s licenses for people whose driving privileges were revoked solely for failure to pay court …
Instead of charitable care, these MultiCare patients got calls from debt collectors, suit says
Low-income patients in Tacoma have sued MultiCare, alleging the hospital system failed to screen them for free or discounted care before sending them to debt collectors. Joncee Hull and Sharon …

Revealed: Amount debt collectors chased in unpaid council tax in Glasgow last year
The money made up from both historic debt and £12.9m in unpaid tax from 2017/18, is being pursued by collection firms Scott & Co and Walker Love.
Bikies to be banned from acting as debt collectors after police claim it is their ‘bread and butter’
Organised crime figures are set to be banned from operating as debt collectors – as police describe the practice as the ‘bread and butter’ of bikie gangs. The Victorian government …
Europe ends on a mixed to positive note as trade war fears rumble on; OPEC in focus
European stocks finished trading mostly in the black on Wednesday, although elevated fears of a full-blown Sino-U.S. trade war continued to linger. The pan-European Stoxx 600 ended the session provisionally …

Democratic Senators Slam Trump’s Pick To Run Consumer Financial Protection Bureau
Democrats on the powerful Senate Banking Committee said Kathy Kraninger is not qualified to be the director of the Consumer Financial Protection Bureau, the agency the White House has nominated …
Supreme Court to Decide Whether FDCPA Applies to Non-Judicial Foreclosure Proceedings
The U.S. Supreme Court announced on June 28 that it had granted a petition for a writ of certiorari to review the judgment of the U.S. Court of Appeals for the 10th Circuit in Obduskey …
CFPB fines installment lender for debt collection practices
The Consumer Financial Protection Bureau on Wednesday ordered Security Group Inc., a high-cost installment lender in Spartanburg, S.C., to pay $5 million for illegal tactics in trying to collect debts, …

Buffalo, New York Collection Agency Comes Full Circle with Historic Acquisition of Long Island Firm
Buffalo, NY: June 26, 2018 – ABC-Amega, a global commercial receivables management firm headquartered in Buffalo, NY, has made an historic collection agency acquisition with the purchase of the assets …
Martha Hewitt Promoted to Vice President, Client Services
Phoenix,Arizona (June 26, 2018) –Empereon-Constar, a leading provider of end-to-end customer engagement and customer management solutions,is pleased to announce the promotion of Martha Hewitt to Vice President, Client Services Management. …
Gimondo Joins BARR Credit Services’ Team
Tucson, Ariz., June 6, 2018 – BARR Credit Services is pleased to announce that Vera Gimondo has joined BARR Credit Services as Director, Global Strategic Relations. Gimondo will focus on …

Debt-collection lawsuits are roaring back, along with an old ruse that victimizes borrowers
Esther Roman, a 60-year-old grandmother in Brooklyn, was alarmed when she noticed in January that her $300 weekly paycheck was $27.99 short. She called her employer, a home health care …
U.S. consumer watchdog fines debt collector, drops customer payouts
WASHINGTON, July 13 (Reuters) – U.S. consumer watchdog chief Mick Mulvaney ordered that a debt collector and its former chief executive be fined $800,000 for harassing customers, but he dropped …
Federal judge rules that CFPB’s structure is unconstitutional
U.S. District Judge Loretta Preska in Manhattan objected to the CFPB’s setup as an independent agency with a single director who can be fired by the president only for cause, …

WebRecon Stats for June 2018: Summer Slump?
Everything was down in June. FDCPA, FCRA and TCPA (-2.4%, -26.6% and -20.9%, respectively) and CFPB complaints (-11.4%) all plummeted from what had been a strong May for all categories …
Judge overturns driver’s license revocations tied to court debt
Following a federal court order, the Tennessee Department of Safety and Homeland Security is reinstating driver’s licenses for people whose driving privileges were revoked solely for failure to pay court …
Instead of charitable care, these MultiCare patients got calls from debt collectors, suit says
Low-income patients in Tacoma have sued MultiCare, alleging the hospital system failed to screen them for free or discounted care before sending them to debt collectors. Joncee Hull and Sharon …

Revealed: Amount debt collectors chased in unpaid council tax in Glasgow last year
The money made up from both historic debt and £12.9m in unpaid tax from 2017/18, is being pursued by collection firms Scott & Co and Walker Love.
Bikies to be banned from acting as debt collectors after police claim it is their ‘bread and butter’
Organised crime figures are set to be banned from operating as debt collectors – as police describe the practice as the ‘bread and butter’ of bikie gangs. The Victorian government …
Europe ends on a mixed to positive note as trade war fears rumble on; OPEC in focus
European stocks finished trading mostly in the black on Wednesday, although elevated fears of a full-blown Sino-U.S. trade war continued to linger. The pan-European Stoxx 600 ended the session provisionally …

Democratic Senators Slam Trump’s Pick To Run Consumer Financial Protection Bureau
Democrats on the powerful Senate Banking Committee said Kathy Kraninger is not qualified to be the director of the Consumer Financial Protection Bureau, the agency the White House has nominated …
Supreme Court to Decide Whether FDCPA Applies to Non-Judicial Foreclosure Proceedings
The U.S. Supreme Court announced on June 28 that it had granted a petition for a writ of certiorari to review the judgment of the U.S. Court of Appeals for the 10th Circuit in Obduskey …
CFPB fines installment lender for debt collection practices
The Consumer Financial Protection Bureau on Wednesday ordered Security Group Inc., a high-cost installment lender in Spartanburg, S.C., to pay $5 million for illegal tactics in trying to collect debts, …

Buffalo, New York Collection Agency Comes Full Circle with Historic Acquisition of Long Island Firm
Buffalo, NY: June 26, 2018 – ABC-Amega, a global commercial receivables management firm headquartered in Buffalo, NY, has made an historic collection agency acquisition with the purchase of the assets …
Martha Hewitt Promoted to Vice President, Client Services
Phoenix,Arizona (June 26, 2018) –Empereon-Constar, a leading provider of end-to-end customer engagement and customer management solutions,is pleased to announce the promotion of Martha Hewitt to Vice President, Client Services Management. …
Gimondo Joins BARR Credit Services’ Team
Tucson, Ariz., June 6, 2018 – BARR Credit Services is pleased to announce that Vera Gimondo has joined BARR Credit Services as Director, Global Strategic Relations. Gimondo will focus on …