| At A Glance Newsletter |
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Friday, September 9, 2005
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THE DEBT MARKETPLACE - AT A GLANCE
http://www.debtconnection.com/news.asp
Friday, September 09, 2005
The Debt Marketplace, Inc. is conducting a debt sales seminar in Manchester, United Kingdom on October 13, 2005.
Debt Sale Perspectives is a one day seminar designed to provide an overview of buying and selling debt in the United Kingdom. Eversheds, a UK based law firm that provides training and seminars as part of their legal practice, has joined with The Debt Marketplace to offer an overview of the debt buying and selling process in the United Kingdom. For more information about the seminar or to register, follow this link http://www.debtconnection.com/moreinfo.asp?1650. For more information about Eversheds or The Debt Marketplace follow these links: http://www.Eversheds.com and http://www.DebtMarketplace.com
The DEBT CONNECTION website offers a searchable database of service providers and suppliers, for more information go to
http://www.debtconnection.com.
Check listings by category on DEBT CONNECTION Master Search by going to:
http://www.debtconnection.com/mastersearch.asp
For more information on detailed profiles please go to:
http://www.debtconnection.com/advertising.asp
FANNIE, FREDDIE GIVE BREAKS ON PAYMENTS
Hurricane Katrina's impact on housing in the Gulf Coast is being felt in Washington as Fannie Mae and Freddie Mac give affected homeowners a reprieve on mortgage payments and lawmakers consider requiring the housing-finance companies to set aside a portion of their profit to help rebuild low-income housing in flood-ravaged areas.
http://www.washingtonpost.com/wp-dyn/content/article/2005/09/08/AR2005090802016.html
ENCORE CAPITAL GROUP ENTERS HEALTHCARE DEBT MARKET WITH PURCHASE OF $300 MILLION PORTFOLIO AND HIRING OF GENERAL MANAGER FOR MEDICAL BUSINESS
Encore Capital Group, Inc., a leading accounts receivable management firm, today announced its entrance into the healthcare debt collection market with the establishment of a Medical debt business.
http://www.prnewswire.com/cgi-bin/?ACCT=104&STORY=/www/story/09-08-2005/0004102564&EDATE=
MOST BANKRUPTS BELOW AGE 35, DUE TO CREDIT CARDS
A majority of the credit card defaulters declared bankrupt are aged below 35 years.
http://www.dailyexpress.com.my/news.cfm?NewsID=36966
FORTUNE 500 EXECUTIVES, INDUSTRY LEADERS AND SOLUTIONS PROVIDERS TO GATHER IN BALTIMORE FOR THE SARBANES-OXLEY CONFERENCE & EXPOSITION
The Institute for Financial Excellence, the organization of choice for finance executives, today announced that its
upcoming event, The Sarbanes-Oxley Conference & Exposition (http://www.sarboxconf.com), taking place September 25-27 at the Marriott
Waterfront in Baltimore, Maryland, is poised for enormous success.
http://www.prnewswire.com//www/story/09-07-2005/0004101594&EDATE
PAYMENT PROCESSOR SETTLES FTC CHARGES
A payment processor and its principal who attempted to process more than $1.2 million in unauthorized charges on consumer checking accounts, even though they knew or should have known the debits were not authorized by consumers, have agreed to settle Federal Trade Commission charges that their practices violated federal law.
http://www.ftc.gov/opa/2005/09/universal.htm
LOOMING BANKRUPTCY LAW MAY HURT VICTIMS OF HURRICANE
The new bankruptcy law that goes into effect Oct. 17 could compound problems for people whose lives have been disrupted by Hurricane Katrina.
http://www.washingtonpost.com/wp-dyn/content/article/2005/09/06/AR2005090601817.html
US JUDGE TO ISSUE RULING ON FAIR LENDING PRACTICES
A federal judge grilled lawyers for New York Attorney General Eliot Spitzer and U.S. banking regulators Wednesday in a lawsuit concerning the fairness of bank lending practices, but said he would review arguments before issuing a ruling.
http://yahoo.reuters.com/?duid=mtfh63561_2005-09-07_17-54-08_n07182806_newsml
NEW CENTURY FINANCIAL CORPORATION COMPLETES PURCHASE OF CERTAIN ASSETS OF RBC MORTGAGE COMPANY
New Century Financial Corporation, a real estate investment trust and parent
company of one of the nation's premier full-service mortgage finance
companies, announced today that Home123 Corporation, one of its wholly-owned
subsidiaries, completed the purchase of certain assets of U.S.-based RBC
Mortgage Company, a unit of Royal Bank of Canada, on September
2, 2005.
http://www.newswire.ca/en/releases/archive/September2005/06/c6166.html
SPIKE IN BANKRUPTCY CASES BRINGS ADDITIONAL JUDGESHIP
A U.S. bankruptcy judge position has been created to help handle a recent spike in bankruptcy filings in the Northern District of New York.
http://www.newsday.com/?coll=ny-region-apnewyork
NEW BANKRUPTCY LAW A PROBLEM FOR KATRINA VICTIMS
Hurricane Katrina is expected to cause a spurt of bankruptcy filings by storm victims -- and sweeping changes in U.S. bankruptcy laws may leave them even more strapped than they otherwise might be.
http://yahoo.reuters.com/?duid=mtfh48562_2005-09-01_22-38-52_n01477842_newsml
BUYER/SELLER 101 WILL BE OFFERED AGAIN IN SOUTHERN CALIFORNIA, November 3-4, 2005
It is designed for first-time buyers and sellers, or experienced professionals interested in fine-tuning their skills, these courses include detailed analysis in Market Overview, Defining Your Needs, Due Diligence, Contracts, Pricing, Strategies, and Measurement Methods.
http://www.debtmarketplace.com/buyerseller101.html
DEBTCONNECTION.COM CONTINUES TO GROW & EXPAND
The industry Website, http://www.debtconnection.com continues to grow tremendously and expands with new listings daily. Find portfolios, buyers, sellers and industry service providers such as consultants, agencies, products and more.
NEWEST ADDITIONS AND UPDATES TO DEBTCONNECTION.COM
DEBT SELLERS
To view all listed debt sellers and contact information on
DEBTCONNECTION.COM check:
http://www.debtconnection.com/debtsellers.asp
New additions and updates this week include:
Apoyo Consulting, Inc.
404-861-8387
Outsource Recovery Management, Inc.
800-241-8424
AGENCIES
To view all listed agencies and contact information on
DEBTCONNECTION.COM check
http://www.debtconnection.com/agencies.asp
New additions and updates this week include:
MRS Associates, Inc.
888-334-5677
ATTORNEYS
To view all listed agencies and contact information on
DEBTCONNECTION.COM check
http://www.debtconnection.com/attorneys.asp
New additions and updates this week include:
Waters Law Office
781-210-4210
Legal Recovery Law Offices, Inc.
619-275-4001
Law Offices of Stephen M. Abrami, PLLC
631-300-2445
INDUSTRY EVENTS
For all upcoming industry events, check
http://www.debtconnection.com/industryevents.asp
The Sarbanes-Oxley Conference & Exposition
The Institute for Financial Excellence
Marriott Waterfront in Baltimore, Maryland
September 25-27, 2005
http://www.sarboxconf.com/eventDetails.asp
800-921-8490
DETAILED PROFILES ON WWW.DEBTCONNECTION.COM ARE AVAILABLE
If you're serious about your listing, get a one-page detailed profile, so
Buyers, sellers and others know more about who you are. Detailed profiles
are indexed by major search engines. It's a great way to add exposure to
your company and/or website.
SPONSORSHIP MESSAGE
This At A Glance report is sponsored by The Debt Marketplace. Our firm specializes in assisting buyers and sellers in all aspects of the transaction process, including...
Marketing your portfolio.
Due Diligence for Buyers and Sellers.
Evaluating the viability of a sale.
Addressing pricing, contract and negotiation considerations.
Attaining the most efficient transition possible, while minimizing post-sale issues.
Our consulting projects are customized to provide the level of involvement and information that best meets our clients' needs.
Check them out at:
http://www.debtmarketplace.com/
Copyright 2001 - 2005 THE DEBT MARKETPLACE, INC. 562-903-7220
THE DEBT MARKETPLACE, INC., 10440 Pioneer Blvd., Suite 2, Santa Fe Springs, CA 90670-8235
At A Glance reports can be expected weekly or biweekly, depending on quantity of news and information to report. You may send this report, in its entirety, to others who may have interest.
Interested parties can also receive a complimentary subscription by registering at http://www.debtconnection.com
Fill out your subscription information by clicking the "Sign Up" box on the DebtConnection.com homepage.
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| At A Glance Archive |
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