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Wednesday, March 18, 2009

Mid-Week Articles:

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BUYER / SELLER 101 APRIL 22 - 23, 2009 CHICAGO CLASS HAS SEATS AVAILABLE
The Debt Marketplace, Inc. is committed to providing comprehensive industry resources for maximizing returns and controlling risk and announces that seats are still aveailable for its Buyer / Seller 101 course in Chicago, IL.
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LIVEVOX DELIVERS INSTANT VISIBILITY INTO CAMPAIGN SUCCESS WITH REAL TIME PROMISE-TO-PAY TRACKING
SAN FRANCISCO - LiveVox Inc., the leading provider of hosted-dialer solutions, today announced that the latest free upgrade of its product gives users the ability to track promise to pay amounts in real time, arming its customers with the ability to determine in real time the ROI on any given campaign.
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CITY ENTERS DEBT COLLECTION DEAL
HALLSVILLE - The city has a new tool for collecting past due traffic fines and water bills. The City Council on Tuesday entered into a contract with McCreary, Veselka, Bragg & Allen, a Longview law firm, to serve as a collection agency for delinquent accounts.
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COLLECTION AGENCY RECEIVES ENDORSEMENT FROM NORTH AMERICAN ASSOCIATION OF FLOOR COVERING DISTRIBUTORS
Marlborough, MA - American Profit Recovery, a collection agency based in Michigan and Massachusetts recently announced that The North American Association of Floor Covering Distributors (NAFCD) has endorsed them as a new Alliance Partner.
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REPORT SAYS 163 BANKS COULD BE AT RISK
Bad loans are causing more and more serious problems for U.S. banks, according to a new analysis of Federal Deposit Insurance Corp. data that points to another wave of bank failures.
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DIALCONNECTION ANNOUNCES THE RELEASE OF INTELLIGENTCALL, A NEW FEATURE OF THE DIALINTELLIGENCE CONTACT CENTER SOLUTION WHICH PRIORITIZES CALLERS BASED ON SCORING MODELS OR DEMOGRAPHICS.
The IntelligentCall feature prioritizes inbound calls based on consumer scoring and modeling then routes the call based on the skill set of agents maximizing productivity of contact centers in Collections, Financial Services, Government, Investment Banking, Telemarketing or Utilities.
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U.S. CREDIT CARD DEFAULTS REACH 20-YEAR HIGH
Credit card defaults -- the failure to make a payment on a debt by the due date -- sprouted in February to a 20-year high. The increase is another sign that an increasing amount of U.S. citizens are neglecting their credit card debt amid an expanding recession.
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PUSH TO REDO LAW THAT LETS DAS PROFIT FROM BAD CHECKS
Last month, the Federal Trade Commission issued a report advocating an overhaul of the Fair Debt Collection Practices Act [1] (PDF), a federal law that protects consumers from abusive collectors.
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FTC CHARGES SEVEN CREDIT REPAIR COMPANIES WITH DECEIVING CONSUMERS THROUGHOUT THE U.S.
The Federal Trade Commission has charged seven related companies with violating federal law by falsely promising to remove negative information from consumers’ credit reports, even information that is accurate and current, and by charging an up-front fee and failing to provide written disclosures. The agency seeks to make them stop the violations and pay restitution to consumers.
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VISA SANCTIONS PAYMENT PROCESSORS THAT EXPOSED CARDHOLDER DATA
Visa has sanctioned two payment processors that have disclosed in recent months exposing cardholder information to hackers.
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COMTECH SYSTEMS INC. ANNOUNCES PARTNERSHIP WITH GOLIVESMS
Comtech Systems Inc., the makers of the Collect! Software Solution announced today they have partnered with Irvine, CA based GoLiveSMS Corporation to provide SMS Text Messaging services to their customers nationwide.
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BANK CREDIT CARD FEES CONTINUE INCREASE
New York, NY (AHN) - To offset the rising incidents of delinquencies and charge-offs, more banks are hiking their credit card fees or introducing new charges.
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TREASURYS OFF; BERNANKE SAYS RECESSION MAY END IN `09
NEW YORK (MarketWatch) -- Treasurys declined Monday, pushing yields up, as Federal Reserve Chairman Ben Bernanke's outlook that the recession could end this year supported global equity markets and reduced the desire for the relative security of U.S. government debt.
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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

$129,672,528.00     Auto Deficiencies, Consumer Loans, Credit Cards, Retail
Collect America, Ltd.
http://www.debtconnection.com/portfolio.asp?675
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?223

Attorney

DAVID AUGENSTEIN P.C
347-756-8160

Debt Buyers

SINERGIA USA LIMITED, L.P.
325-670-0201

Legal Networks/Services

CENTRAL TEXAS LITIGATION SUPPORT SERVICES, INC.
254-399-9400

Industry Events

2009 National Automobile Finance Conference & Tradeshow
Consumer Bankers Association
Omni Orlando Resort at ChampionsGate
Orlando, FL
March 29 - 31, 2009
More Information

2009 Chicago/Spring Meeting
Commercial Law League of America (CLLA)
Westin Hotel On Michigan Avenue
Chicago IL
April 16 - 19, 2009
More Information

21st Annual Card Forum & Expo
SourceMedia, Inc.
Marco Island Marriott Beach Resort
Marco Island, FL
April 19 - 21, 2009
More Information

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