News - Debt Connection - Your Online Resource for the Collection and Recovery Industry!

THE DEBT MARKETPLACE - Collection News At A Glance from Debt Connection
http://www.debtconnection.com/news.asp
Friday, December 15, 2006

The DEBT CONNECTION website offers a searchable database of service providers and suppliers, for more information go to http://www.debtconnection.com

OWNERS OF DEBT CAN LIST THEIR PORTFOLIOS FOR NO CHARGE WHEN THEY HAVE A DETAILED SELLERS PROFILE

DBA INTERNATIONAL "OCEAN OF OPPORTUNITIES" FEBRUARY 7th - 9th, 2007
DBA International is holding its 10th Annual DBA International Conference on Wednesday, February 7th through Friday, February 9th, 2007 at The Mirage Casino-Hotel in Las Vegas, NV. Buyers and Sellers of Debt Portfolios, Collection Attorneys, Agencies and Recovery Professionals, Consumer Lenders, Investment Bankers and Consulting Agencies, as well as Industry Vendors are all welcome to participate.

This year's line up will include informative speakers and presentations to keep you and your company up-to-date about industry topics and emerging concerns. You will also have plenty of time to meet and network with other industry professionals and of course participate in the Annual Golf Classic being held at the The Revere Golf Resort.

Information can be found at the DBA International Website:
http://www.dbainternational.org or by phone (562) 903-7222

AUSTIN LOGISTICS RECEIVES PATENT FOR FIRST-EVER CENTRALIZED MANAGEMENT APPROACH TO OUTBOUND CALLING
Austin, TX - December 12, 2006 - Austin Logistics, the leader in providing predictive analytic software for real time decision-making, today announced that the US Patent Office has issued the company a third patent for OnQ, the company's groundbreaking multidialer management solution for the distribution of outbound telephone calls.
http://www.austinlogistics.com/news/press/2006-1212.php

CERBERUS WINS BID TO BUY BAWAG BANK
VIENNA, Austria - A consortium headed by Cerberus Capital Management has won a bid to buy BAWAG P.S.K., the Austrian trade union that owns the bank linked to collapsed U.S. commodities broker Refco said Thursday.
http://www.chron.com/disp/story.mpl/ap/fn/4403159.html

NEW MINDER OF EXPENSES FOR CITIGROUP
In his years as a Citigroup executive, Robert Druskin earned a reputation as a strong manager with as little tolerance for excuses as for expenses. He vigilantly monitored use of cabs, for instance, and once was astounded to learn that a manager had spent $8,000 on pens for an awards program.
http://www.iht.com/articles/2006/12/15/business/web.1215banks.php

DIRECTV TELEMARKETERS TO PAY $100,000 FOR DO NOT CALL VIOLATIONS
The Federal Trade Commission today announced it has entered into court settlements with the final defendants charged with violating the Do Not Call (DNC) provisions of the Telemarketing Sales Rule (TSR) by calling consumers whose numbers were on the DNC Registry in an attempt to sell them DIRECTV satellite television subscriptions.
http://www.ftc.gov/opa/2006/12/directv.htm

SOUNDBITE 6.0 RANKS AMONG THE TOP COLLECTION TECHNOLOGY PRODUCTS OF 2006
SoundBite Communications Inc., a leading provider of hosted, automated customer contact solutions, today announced that the SoundBite automated voice messaging solution was named to Collection Advisor Magazine's list of the Top 100 Collection Technology Products of 2006.
http://www.debtconnection.com/pressrelease/pressrelease.asp?prid=1090

DEBT-COLLECTION AGENCY GETS CHAMBER AWARD
National Recovery Agency, a debt-collection company in Swatara Twp., received the Small Business of the Year award yesterday from the Harrisburg Regional Chamber.
http://www.pennlive.com/business/patriotnews/index.ssf?/base/business/116606312813610.xml&coll=1

SCAMMERS TARGETING SPANISH-SPEAKERS WILL TURN OVER ASSETS
Operators who promised Spanish-speaking consumers "designer" merchandise but delivered knock-offs and outdated electronics will give up approximately $235,000 to settle FTC charges that their scam violated federal laws including the Do Not Call Rule.
http://www.ftc.gov/opa/2006/12/delsol.htm

FIVE ONTARIO SYSTEMS' PRODUCTS NAMED TO TOP 100 COLLECTION TECHNOLOGY PRODUCTS
Ontario Systems is pleased to announce that five of its products were named to Collection Advisor's Top 100 Technology Products list.
http://www.debtconnection.com/pressrelease/pressrelease.asp?prid=1085

COMMISSION APPROVES FEDERAL REGISTER NOTICE REGARDING ALLOWABLE DISCLOSURE CHARGES UNDER THE FCRA;
The Commission has approved the publication of a Federal Register notice regarding the ceiling on allowable charges for certain disclosures under the Fair Credit Reporting Act (FCRA).
http://www.ftc.gov/opa/2006/12/fyi0681.htm

SUNTRUST TO ISSUE CREDIT CARDS
SunTrust Banks had had a deal since 1999 with credit card issuer MBNA Corp. The deal allowed MBNA to buy SunTrust's consumer credit card portfolio and market personal card products and services to the bank's customers.
http://tampabay.bizjournals.com/tampabay/stories/2006/12/11/daily28.html

FEDS REDUCE PRESSURE IN WHITE-COLLAR PROBES
The U.S. Justice Department has revised controversial guidelines that critics say unfairly compelled companies in white-collar investigations to waive legal protections.
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2006/12/13/BUGERMUGDJ1.DTL&type=business

BANKRUPTCY-ERA BROKER MERRILL LYNCH EMBRACED
Orange County on Tuesday fully restored its relationship with Merrill Lynch & Co., the brokerage house blamed in part for the county's 1994 bankruptcy, as the Board of Supervisors adopted a list of financial service providers that included the firm.
http://www.latimes.com/news/printedition/california/la-me-ocbriefs13.1dec13,1,26

FED HOLDS RATES STEADY AGAIN
The Federal Reserve Tuesday held interest rates steady for the fourth straight meeting - a widely expected move that comes as investors speculate about when the nation's central bank will begin to cut rates.
http://money.cnn.com/2006/12/12/news/economy/fed_rates/index.htm?postversion=2006121214

ATTORNEY GENERAL'S NEWS RELEASE
Missourians to receive full restitution, plus $150,000 from Chase Bank and Trilegiant in nationwide agreement
http://www.ago.mo.gov/newsreleases/2006/121106c.htm

AHEAD OF THE BELL: CITIGROUP
Citigroup Inc. on Monday filled the long-vacant chief operating officer position but stopped short of the management overhaul or corporate breakup for which some investors had hoped.
http://www.chron.com/disp/story.mpl/ap/fn/4395799.html

MORTGAGE DELINQUENCIES A RISING THREAT
Mortgage delinquency and foreclosure rates are on the rise, and the impact could be greatest on low-income families that took out higher-interest loans for risky borrowers, some experts said Monday.
http://news.yahoo.com/s/ap/20061212/ap_on_bi_ge/home_mortgages

US FED SEEN HOLDING RATES STEADY AS ECONOMY SLOWS
U.S. Federal Reserve officials are expected to hold interest rates steady on Tuesday and retain a cautionary warning about inflation risks, while taking stock of cooler economic growth.
http://today.reuters.com/news/articlebusiness.aspx?type=

COUNCIL TO EMPLOY COLLECTION AGENCY FOR TICKETS
At the Oswego City Common Council meeting Tuesday, discussion focused on the need to collect outstanding fines and late fees on unpaid parking tickets, while the controversy concerning the use of public space at Toucans Tropical Bar was finally put to rest.
http://www.pall-times.com/articles/2006/12/12/news/news2.txt

TEXAS COLLECTION AGENCY RECEIVES 'FAST 50' AWARD
a Corporation has again been named one of the fastest growing private companies in Central Texas by the Austin Business Journal.
http://www.dso-news.info/Texas-Collection-Agency-Receives-Fast-50-Award_a1247.html

RBC CENTURA COMPLETES $456M PURCHASE OF GEORGIA BANK
RBC Centura said Monday it has closed on its purchase of Georgia's Flag Financial Corp.
http://biz.yahoo.com/bizj/061211/1388419.html?.v=1

FAIR ISAAC AND ACC / YOUVEGOTCLAIMS ANNOUNCE PARTNERSHIP
AUTOMATED COLLECTION CONTROL, INC. (ACC), creator and owner of the service known industry-wide as YouveGotClaims, and FAIR ISAAC CORPORATION, the leading provider of analytics and decision management technology, today announce a partnership.
http://www.debtconnection.com/pressrelease/pressrelease.asp?prid=1080

UNDERSTANDING DIALERS: THE ESSENTIALS OF EFFECTIVE COLLECTIONS
Resource Management Services, Inc. still showing great success with this addition to their line of key industry publications, Understanding Dialers: The Essentials of Effective Collections. Looking to be a key component of any effective campaign, this book is a "must-read" for top Recovery Managers everywhere.
$69.00 + S&H To order, click here:
http://www.resourcemanagement.com/dialer

RESOURCE MANAGEMENT SERVICES, INC ANNOUNCES "RECOVERY MANAGEMENT: COLLECTING THE UNCOLLECTIBLE ACCOUNT"
For over twenty years, Resource Management Services, Inc., consultants in recovery management, recognized the importance of collection agency and collection attorney audits, and operational reviews and vendor evaluations. Today they announce the publication of their newest book, "RECOVERY MANAGEMENT: Collecting The Uncollectible Account." The basic concept of recovery management is to maximize collection dollars and net results on what are generally deemed uncollectible accounts. From quantifying the appropriate and most effective internal efforts to understanding how and when to use outside vendors, this book is a vital resource for the recovery professional. Topics include: Vendor Partnership Management, Internal Recovery Unit, Strategies, Auditing, Contract Consideration, Performance Assessment Selection and more.
$129.00 + S&H To order, click here:
http://www.resourcemanagement.com/p_recovery_management.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

PORTFOLIOS FOR SALE
To view all listed portfolios and contact information on
DEBTCONNECTION.COM check:
http://www.debtconnection.com/portfolioforsale.asp
New additions and updates this week include:

$11,655,887.07 Credit Cards
WorldWide Debt Exchange
http://www.debtconnection.com/portfolio.asp?311
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1690

$7,615,198.47 Credit Cards
WorldWide Debt Exchange
http://www.debtconnection.com/portfolio.asp?310
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1690

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:

CASHMASTERS LLC
727-849-4005

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:

PRAXIS FINANCIAL SOLUTIONS
847-878-9319

TRUE NORTH AR
415-878-2239

DETEX AGENCY & ASSOCIATES, LLC.
800-279-3701

ELITE ACCOUNTING & COLLECTIONS
724-613-9458

CONSULTANTS
To view all listed consultants and contact information on
DEBTCONNECTION.COM check:
http://www.debtconnection.com/blisting.asp?13
New additions this week include:

MBS CORPORATION
484-347-8771

SOFTWARE
To view all listed companies and contact information on
DEBTCONNECTION.COM check:
http://www.debtconnection.com/blisting_Products.asp?12
New additions this week include:

ONTARIO SYSTEMS
Casey Stanley
765-751-7000
http://www.debtconnection.com/moreinfo.asp?1949

AUTOSCRIBE CORPORATION
Christopher McClinton
800-345-7243
http://www.debtconnection.com/moreinfo.asp?2226

INDUSTRY EVENTS
For all upcoming industry events, check
http://www.debtconnection.com/industryevents.asp

5th Annual Credit & Collections For Utilities :: Conference
Electric Utility Consultants, Inc.
Quorum Hotel
Tampa, Florida
January 22 - 24, 2007
http://www.euci.com/conferences/january-07/0107-credit-collections.php
(303) 770-8800

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 - 2006 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 - "At A Glance"' box on the DebtConnection.com homepage.

At A Glance Archive

At A Glance - Friday, December 29, 2006

At A Glance - Thursday, December 21, 2006

At A Glance - Friday, December 15, 2006

At A Glance - Friday, December 08, 2006

At A Glance - Friday, December 01, 2006

At A Glance - Wednesday, November 22, 2006

At A Glance - Friday, November 17, 2006

At A Glance - Friday, November 10, 2006

At A Glance - Friday, November 03, 2006

At A Glance - Friday, October 27, 2006

At A Glance - Monday, October 23, 2006