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Friday, January 09, 2009
This Weeks Articles:
VERISIGN HELPS EDUCATE TAXPAYERS ABOUT EV SSL IN LIGHT OF IRS'S NEW SECURITY AND PRIVACY STANDARDS
Death and taxes may be the only sure things in life, but the Internal Revenue Service is taking steps to help ensure that identity theft doesn't join that list.
read more

DEBT COLLECTORS BUSY BUT STILL STRUGGLING
Debt collectors don't expect any sympathy. But they're not having an easy time of it these days. When the economy tanks, more people fall behind or miss payments on credit cards and bills. As a result, debt collectors have to make more calls and it's harder for them to collect.
read more

TIME TO PAY YOUR AMBULANCE BILL
DIXON - The City Council voted Monday to hire a debt collection agency to go after outstanding ambulance bills.
read more

A BANKRUPTCY ROOTED IN A BAD DEAL
Mike Appling is understandably worried that LyondellBasell Industries sought bankruptcy protection for its U.S. operations this week.
read more

WELLS FARGO NOW LEADING SMALL BUSINESS LENDER IN WASHINGTON
Wells Fargo announced that, according to the latest Community Reinvestment Act data (2007), it loaned $650 million in 2007 to Washington small business owners (for loans under $100,000).
read more

STOP GOVERNING CREDIT LIKE IT'S 1799
The current financial crisis is as modern as it comes: Global mega-banks are trading options and derivatives at lightning speed. Yet, the law of consumer finance governs like it's the 1700s.
read more

AMEX CARD CHARGES RECORD 46PC FOR CREDIT
American Express has raised the annual rate on one of its credit cards to 46pc, despite interest rates plunging to their lowest level in the Bank of England's history.
read more

BANK OF ENGLAND CUTS INTEREST RATE TO RECORD LOW
The Bank of England slashed its benchmark interest rate to an all-time low Thursday in an aggressive bid to shore up an economy battered by recession and the global credit crunch.
read more

AREA CREDIT UNIONS MERGE
Two Larimer County credit unions have merged as the slumping real estate market threatened to take one down.
read more

BROKERS DISDAIN TOASTER SALESMEN IN BANK AMERICA'S MERRILL DEAL
When Kenneth Lewis, chief executive officer of Bank of America Corp., unveiled the acquisition of Merrill Lynch & Co. on Sept. 15, he called its 16,000-strong brokerage group the firm's "crown jewel." Only a month later, the brokers were rebelling against their new parent.
read more

CITI REACHES DEAL WITH LAWMAKERS ON HOME LOANS
WASHINGTON - Democratic lawmakers have reached a deal with Citigroup (C) on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures and urged other lenders to follow suit.
read more

FEINSTEIN INTRODUCES DATA SECURITY BILLS
Sen. Dianne Feinstein, D-Calif., on Tuesday introduced a pair of data security bills -- one that would require businesses to notify consumers in the event of a security breach and another, co-sponsored by Sens. Judd Gregg, R-N.H., and Olympia Snowe, R-Maine, would ban the sale or display of an individual's Social Security number without his or her consent.
read more

DATA BREACHES BOOMING
The Identity Theft Resource Center says reported data breaches increased by 47% from 2007 to 2008.
read more

GENTLER TAX LAWS URGED ON DEBT DEFAULT
Congress should ease certain tax laws governing defaults on mortgages, credit cards and other consumer debt to help Americans who are struggling in the economic downturn, the watchdog agency of the Internal Revenue Service said Wednesday.
read more

U.S. LENDERS PAY AS IDLED BORROWERS DON'T
Mounting job losses resulted in a surge of late payments to consumer loan accounts, the American Bankers Association said in a Wednesday report that showed the number of delinquent accounts in the third quarter rose to the highest level since 1980.
read more

ATTORNEY GENERAL INVESTIGATES AND SEEKS TO STOP PREDATORY DEBT REDUCERS
Attorney General Richard Blumenthal today proposed legislation to fight predatory debt reducers that offer mortgage and debt rescue services that may actually cost consumers their homes.
read more

DEBT COLLECTORS STRUGGLE WITH FEWER PEOPLE WILLING TO PAY OVERDUE BILLS
Collection agencies are keeping busy these days as the number of people with unpaid bills continues to grow.
read more

LIVEVOX LAUNCHES GROUNDBREAKING SMARTMESSAGE TO REVOLUTIONIZE THE APPROACH TO UNATTENDED CAMPAIGNS
SAN FRANCISCO, January 7, 2008 - LiveVox, the leading provider of hosted-dialer solutions, today announced it can significantly improve unattended collection campaigns with SmartMessage, a new feature that quantifies voice messaging results.
read more

DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent:
Portfolios For Sale
$7,128,935.00     Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?656  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826  

$4,805,865.00     Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?655  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826  

$2,179,819.00     Retail
Pacific Healthcare Services, Inc.
http://www.debtconnection.com/portfolio.asp?653  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?3122  

Agency
TIBURON FINANCIAL LLC
Todd Landstrom
888-280-6750
More Information

RURAL/METRO CORPORATION - NATIONAL COLLECTIONS
480-270-6399

Brokers
UNIVERSAL DEBT HOLDINGS
410-369-8191

Debt Buyers
CLEARMARK CAPITAL, LLC
Ben Buzbee
503-206-5549
More Information

GLOBAL ASSET MANAGEMENT, INC.
516-627-7470

DELMARVA CAPITAL, LLC
800-345-3310

STERLING FINANCE & CREDIT SERVICES, INC.
510-512-4831

Mail Services
DIVDAT
Frank J. Calderone
941-351-9586
More Information

Skip Tracing
LOCATEPLUS
Leeanne Nagle
888-746-3463
More Information

Software
CYCLONE SOFTWARE
970-353-4555

Industry Events

Collection Technology Summit 2009
Royal Media Group
Hilton La Jolla Torrey Pines
La Jolla, CA
January 14 - 16, 2009
More Information

14th Annual Rocky Mountain Bankruptcy Conference
American Bankruptcy Institute
Westin Tabor Center
Denver, CO
January 22 - 23, 2009
More Information

8th National Symposium on Privacy and Security of Consumer and Employee Information
American Conference Institute
Four Points by Sheraton
Washington, DC
January 27 - 28, 2009
More Information

DBA International Annual Conference
DBA International
Mirage Hotel
Las Vegas, NV
February 3 - 5, 2009
More Information
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