MORE DATA BREACHED IN 2008 THAN IN PREVIOUS FOUR YEARS COMBINED Surprisingly, 99% of breached records were accessed through servers and applications, rather than desktop computers, notebooks, mobile phones, or portable media. read more
DISCOVER RAISES INTEREST RATES ON SOME CREDIT CARDS Discover Financial Services, the Riverwoods-based credit card company, said it's hiking interest rates on a "small percent" of its card holders and moving to more variable rates on its cards. read more
TOP 10 FINANCIAL SERVICES COMPANY EXPANDS USE OF CONVERGYS RELATIONSHIP MANAGEMENT SOLUTIONS TO DRIVE SUPERIOR CUSTOMER EXPERIENCE Convergys Corporation (NYSE: CVG), a global leader in relationship management, announced today it has won a contract renewal to provide comprehensive, end-to-end customer care for the credit card customers of a global Fortune Top 10 financial services company with over 200 million customer accounts. read more
COLLEGE CREDIT CARD DEBT HIGHEST SINCE 1998 Debt increasing for students and along with fees and tuition read more
DISCOVER TO CUT 500 JOBS NEXT MONTH Discover Financial Services is set to cut 500 jobs, about four per cent of its workforce, as it feels the impact of rising card delinquencies and lower consumer spending during the recession. read more
DEBT RECOVERY FIRM LOSES BUSINESS AFTER OFT WARNING It has emerged that 1st Credit, the debt recovery agency that was warned by the OFT in February about its intimidating debt collection techniques, has been dropped by two of its major clients: HBOS and Citi Financial. read more
ATTORNEY GENERAL MCGRAW SUES TEXAS DEBT SETTLEMENT COMPANY Attorney General Darrell McGraw today sued Able Debt Settlement, Inc. of Irving, Texas, seeking injunctive relief and restitution for consumers who paid for debt settlement but only received ruined credit and debt collection calls. Able Debt Settlement, formerly of Dallas, Texas, claims to settle consumers' debts. Many consumers find out, however, that Able Debt Settlement doesn't settle debts and then refuses to refund exorbitant fees. read more
GREENBERG ADVISORS IS ESTABLISHED Specialists in M&A, Capital Raising, and Strategic & Operational Advisory in the ARM industry read more
HIPAA COMPLIANCE: NEW REGULATIONS CHANGE THE GAME As you may know, changes to the Health Insurance Portability and Accountability Act (HIPAA) were recently enacted under The Health Information Technology for Economic and Clinical Health Act (HITECH) as part of the recent American Recovery and Reinvestment Act. However, these changes don't go into effect until February of 2010, meaning there's time before companies need to be compliant. read more
CUOMO TRIES TO ENFORCE NOTIFICATION TO DEBTORS The attorney general, Andrew M. Cuomo, plans to file a civil suit Tuesday against one such company, American Legal Process of Lynbrook, N.Y., according to officials in the office who insisted on anonymity because the investigation was continuing. read more
LEVY & ASSOCIATES, LLC, ANNOUNCES THAT DENISE BROOKS HAS JOINED THE LAW FIRM AS DIRECTOR OF COLLECTIONS AND CLIENT SERVICES Levy & Associates, LLC, a comprehensive collection law firm, based in Columbus, Ohio, announces that Denise Brooks has joined the law firm as Director of Collections and Client Services. read more
CONSUMER LAWYERS FIND THRIVING NICHE SUING DEBT COLLECTORS The crushing debt faced by consumers is spawning a growing practice niche for consumer lawyers: suing debt collectors for illegal collection practices. read more
AG CHARGES LI-BASED PROCESS SERVER COMPANY EXEC WITH MASSIVE FRAUD Long Island-based American Legal Process (ALP) CEO and President William Singler was charged with allegedly failing to provide proper legal notification to thousands of New Yorkers facing debt-related lawsuits, causing them unknowingly to default and have costly judgments entered against them without the chance to respond or defend themselves, New York Attorney General Andrew M. Cuomo announced on Tuesday, April 14. read more
SALLIE MAE STUDY FINDS RISING NUMBER OF COLLEGE STUDENTS USING CREDIT CARDS FOR TUITION Data Shows Students Charge Average of $2,200 in Direct Education Expenses read more
SOME DEBTORS GETTING PAYBACK Consumers winning lawsuits against collectors not following the law read more
MORIARTY UNVEILS BILL TO PROTECT CONSUMERS FROM UNFAIR DEBT COLLECTION PRACTICES Bill Would Arm Consumers with New Tools to Fight Back Against Heavy-Handed Tactics read more
FTC PROPOSALS COULD REIN IN DEBT COLLECTORS BY UPDATING THE LAW Since 2007, the FTC has been evaluating whether there is a need to change the system, including updating the Fair Debt Collection Practices Act, which was enacted to protect consumers from abusive, unfair, and deceptive practices. read more
DEBT COLLECTORS TREAD A FINE LINE BETWEEN BEING PERSISTENT AND POLITE Debt collection might be stressful in these economic times, but it doesn't have to be ugly. 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 | $1,400,000.00 Credit Cards International Credit Services, LLC http://www.debtconnection.com/portfolio.asp?692 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?2773
$1,000,000.00 Commercial International Credit Services, LLC http://www.debtconnection.com/portfolio.asp?689 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?2773
$4,000,000.00 Other International Credit Services, LLC http://www.debtconnection.com/portfolio.asp?688 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?2773
$3,000,000.00 Credit Cards International Credit Services, LLC http://www.debtconnection.com/portfolio.asp?687 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?2773
$170,000,000.00 Credit Cards International Credit Services, LLC http://www.debtconnection.com/portfolio.asp?686 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?2773
$780,000.00 Other International Credit Services, LLC http://www.debtconnection.com/portfolio.asp?685 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?2773
| | Agency | ELITE PORTFOLIO SERVICES 918-497-0958
MARSHALL, GREENE & ASSOCIATES INC. 866-702-7807
| | Attorney | LEVY & ASSOCIATES, LLC 866-340-9138
BRAY & LUNSFORD, P.A. 904-356-2729
| | Debt Sellers | SHAPIRO,BAINES AND ASSOC. 302-655-3915
| | Payment Processors | PAY DATA CENTER LLC 877-732-4814
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Industry Events
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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
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
Collection and Recovery Solutions® 2009
Resouce Management Services, Inc.
Four Season Hotel Las Vegas
Las Vegas, NV
May 6 - 8, 2009
More Information
The Debt Marketplace, Inc.
Embassy Suites
Downey, California
June 11 - 12, 2009
More Information
Recovery Management Strategies & Techniques
Resouce Management Services, Inc.
Hyatt Rosemont
Chicago, IL
June 16 - 17, 2009
More Information
Debt Connection Symposium and Expo® 2009
Resouce Management Services, Inc.
El Conquistador Resort & Golden Door® Spa
El Conquistador, Puerto Rico
September 15 - 17, 2009
More Information
Recovery Management Strategies & Techniques
Resouce Management Services, Inc.
Hyatt Place Ontario Mills
Ontario, CA
October 6 - 7, 2009
More Information
The Debt Marketplace, Inc.
Embassy Suites
Downey, California
October 13 - 14, 2009
More Information
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This 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.
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- 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 us out at: http://www.debtmarketplace.com/
Copyright 2001 - 2008 THE DEBT MARKETPLACE, INC. 562-903-7220
THE DEBT MARKETPLACE, INC., 10440 Pioneer Blvd., Suite 2, Santa Fe Springs, CA 90670-8235
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| At A Glance - Wednesday, March 10, 2010 |
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| At A Glance - Friday, October 30, 2009 |
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| At A Glance - Friday, October 23, 2009 |
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| At A Glance - Friday, October 16, 2009 |
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| At A Glance - Friday, October 09, 2009 |
| At A Glance - Wednesday, October 07, 2009 |
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| At A Glance - Wednesday, September 30, 2009 |
| At A Glance - Friday, September 25, 2009 |
| At A Glance - Wednesday, September 23, 2009 |
| At A Glance - Friday, September 18, 2009 |
| At A Glance - Wednesday, September 16, 2009 |
| At A Glance - Friday, September 11, 2009 |
| At A Glance - Wednesday, September 09, 2009 |
| At A Glance - Friday, August 28, 2009 |
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| At A Glance - Friday, August 21, 2009 |
| At A Glance - Wednesday, August 19, 2009 |
| At A Glance - Friday, August 14, 2009 |
| At A Glance - Wednesday, August 12, 2009 |
| At A Glance - Friday, August 07, 2009 |
| At A Glance - Wednesday, August 05, 2009 |
| At A Glance - Friday, July 31, 2009 |
| At A Glance - Wednesday, July 29, 2009 |
| At A Glance - Friday, July 24, 2009 |
| At A Glance - Wednesday, July 22, 2009 |
| At A Glance - Friday, July 17, 2009 |
| At A Glance - Wednesday, July 15, 2009 |
| At A Glance - Friday, July 10, 2009 |
| At A Glance - Wednesday, July 08, 2009 |
| At A Glance - Monday, July 06, 2009 |
| At A Glance - Wednesday, July 01, 2009 |
| At A Glance - Friday, June 26, 2009 |
| At A Glance - Wednesday, June 24, 2009 |
| At A Glance - Friday, June 19, 2009 |
| At A Glance - Wednesday, June 17, 2009 |
| At A Glance - Friday, June 12, 2009 |
| At A Glance - Wednesday, June 10, 2009 |
| At A Glance - Friday, June 05, 2009 |
| At A Glance - Wednesday, June 03, 2009 |
| At A Glance - Friday, May 29, 2009 |
| At A Glance - Wednesday, May 27, 2009 |
| At A Glance - Friday, May 22, 2009 |
| At A Glance - Wednesday, May 20, 2009 |
| At A Glance - Friday, May 15, 2009 |
| At A Glance - Wednesday, May 13, 2009 |
| At A Glance - Friday, May 08, 2009 |
| At A Glance - Wednesday, May 06, 2009 |
| At A Glance - Friday, May 01, 2009 |
| At A Glance - Wednesday, April 29, 2009 |
| At A Glance - Friday, April 24, 2009 |
| At A Glance - Wednesday, April 22, 2009 |
| At A Glance - Friday, April 17, 2009 |
| At A Glance - Wednesday, April 15, 2009 |
| At A Glance - Friday, April 10, 2009 |
| At A Glance - Wednesday, April 08, 2009 |
| At A Glance - Friday, April 03, 2009 |
| At A Glance - Wednesday, April 01, 2009 |
| At A Glance - Friday, March 27, 2009 |
| At A Glance - Wednesday, March 25, 2009 |
| At A Glance - Friday, March 20, 2009 |
| At A Glance - Wednesday, March 18, 2009 |
| At A Glance - Friday, March 13, 2009 |
| At A Glance - Wednesday, March 11, 2009 |
| At A Glance - Friday, March 06, 2009 |
| At A Glance - Wednesday, March 04, 2009 |
| At A Glance - Friday, February 27, 2009 |
| At A Glance - Wednesday, February 25, 2009 |
| At A Glance - Friday, February 20, 2009 |
| At A Glance - Wednesday, February 18, 2009 |
| At A Glance - Friday, February 13, 2009 |
| At A Glance - Wednesday, February 11, 2009 |
| At A Glance - Friday, February 06, 2009 |
| At A Glance - Friday, January 30, 2009 |
| At A Glance - Wednesday, January 28, 2009 |
| At A Glance - Friday, January 23, 2009 |
| At A Glance - Wednesday, January 21, 2009 |
| At A Glance - Friday, January 16, 2009 |
| At A Glance - Wednesday, January 14, 2009 |
| At A Glance - Friday, January 09, 2009 |
| At A Glance - Wednesday, January 07, 2009 |
| At A Glance - Tuesday, January 06, 2009 |
| At A Glance - Friday, January 02, 2009 |
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