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Wednesday, March 25, 2009

Mid-Week Articles:

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NEW WELLS FARGO GALLUP SURVEY: SMALL BUSINESS OWNER OPTIMISM NEGATIVE FOR FIRST TIME IN SURVEY HISTORY
Small business owners' optimism recently dropped to its lowest level in the six years that the Wells Fargo/Gallup Small Business Index has been conducted. Covering a survey period of January 22 - February 2, the score now stands at negative four (-4), down 14 points from the previous survey (November, 2008), and 118 points lower than the Index high of 114 (November, 2006). It is the first time the index has dropped below zero. A score of zero indicates that small business owners, as a group, are neutral -- neither optimistic nor pessimistic -- about their companies' situations.
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ATTORNEY GENERAL DARRELL MCGRAW SUES TO ENFORCE SUBPOENAS AND ENJOIN PREDATORY PRACTICES OF 12 INTERNET PAYDAY LENDERS AND COLLECTION AGENCIES
Today Attorney General Darrell McGraw continued his effort to curb illegal activities of payday lenders by filing two lawsuits against 12 Internet payday lenders and their collection agencies. Both suits ask the court to order compliance with McGraw's investigative subpoenas and to enjoin the companies from the continued making or collection of payday loans in West Virginia.
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COURT HALTS BOGUS MORTGAGE LOAN MODIFICATION OPERATIONS
Two Firms Falsely Claimed to be Affiliated with Non-Profit HOPE NOW Alliance
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FTC TESTIFIES ON EFFORTS TO PROTECT CONSUMERS OF FINANCIAL SERVICES; URGES NEW TOOLS FOR STRONGER ENFORCEMENT AUTHORITY
The Federal Trade Commission today told the U.S. House Subcommittee on Commerce, Trade and Consumer Protection of the Committee on Energy and Commerce that the FTC will continue protecting consumers from predatory lending and other illegal practices through all stages of the credit life-cycle, from advertising of credit through collection of debt.
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DATA HUNG OUT TO DRY: 9,000 USBS LEFT IN DRY CLEANERS
According to the survey, many mobile devices now have the capacity to store as much as 10,000 documents, 11,000 pictures, 500,000 contact details, or 1.1 million emails, making them an obvious target for identity theft criminals and hackers who can steal this information and assume the identity of the user both in their personal or business life.
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CITY REQUIRED TO ADOPT ID THEFT PRECAUTIONS
The government's efforts at guarding against identity theft will affect how Macomb handles its billing water, sewer, and garbage services. City Attorney Liz Wilhelm told the City Council Monday that Macomb has until May 1 to comply with federal "red flag" rules.
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TREASURY DEPARTMENT RELEASES DETAILS ON PUBLIC PRIVATE PARTNERSHIP INVESTMENT PROGRAM
The Financial Stability Plan - Progress So Far: Over the past six weeks, the Treasury Department has implemented a series of initiatives as part of its Financial Stability Plan that - alongside the American Recovery and Reinvestment Act - lay the foundations for economic recovery:
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AS BANKRUPTCY FILINGS MOUNT, ATTENTION TURNS AGAIN TO REFORM
Cash-strapped families are seeking bankruptcy protection at nearly the same rate and in the same manner as they did before the much-debated 2005 bankruptcy law reform, a trend critics say proves the reform was a failure.
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TREASURY UNVEILS LONG-AWAITED 'BAD-ASSET' PLAN
The Treasury Department unveiled its long-awaited plan to remove many of the troubled assets from banks' books Monday, representing one of the biggest efforts by the U.S. government yet to tackle the ongoing financial crisis.
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CR SOFTWARE, LLC AND EBUREAU IMPROVE CLIENT SERVICES WITH INTEGRATION OF EBUREAU'S ESCORE AND ELINK SOLUTIONS
Fairfax, VA and ST. CLOUD, MN - March 23, 2009 - CR Software LLC (CRS), the leading financial software solutions provider to collections entities, and eBureau, a provider of collections and recovery scoring and information solutions, announced today the integration of eBureau's eScore and eLink solutions with the Collection Resource System.
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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:

Agency

JACOB MATTHEW & ASSOCIATES
352-684-9330

Attorney

TERRI L. BROWN, LLC
877-529-1478

Debt Buyers

GUMBERT MEDIA GROUP, INC.
817-924-6922

Debt Sellers

GIULIANI, ZULUAGA & ASSOCIATES INC.
951-797-9238

Industry Events

2009 National Automobile Finance Conference & Tradeshow
Consumer Bankers Association
Omni Orlando Resort at ChampionsGate
Orlando, FL
March 29 - 31, 2009
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2009 Chicago/Spring Meeting
Commercial Law League of America (CLLA)
Westin Hotel On Michigan Avenue
Chicago IL
April 16 - 19, 2009
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21st Annual Card Forum & Expo
SourceMedia, Inc.
Marco Island Marriott Beach Resort
Marco Island, FL
April 19 - 21, 2009
More Information

Buyer / Seller 101
The Debt Marketplace, Inc.
Hyatt Rosemont
Chicago, IL
April 22 - 23, 2009
More Information

NARCA 2009 Spring Conference
NARCA
The Westin Copley Place
Boston, MA
April 30 - May 2, 2009
More Information

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