Collections & Credit Risk

Deals & Pricing - Mergers and Acquisitions, Debt Buyer News

• J.C. Flowers Acquires UK Collection Business

  Collections & Credit Risk | May 16, 2013

  U.S. private equity firm JC Flowers & Co., run by ex-Goldman Sachs banker Christopher Flowers, will acquire British debt collector Cabot Credit Management from AnaCap Financial Partners.

• Foreclosure Activity at Six-Year Low

  Collections & Credit Risk | May 11, 2013

  Foreclosure activity dropped in April to the lowest level in more than six years, another sign the recovery in the housing market is on track, a report from RealtyTrac showed on Thursday.

• Encore Capital Announces Strong Q1 Results

  Collections & Credit Risk | May 10, 2013

  Debt buyer Encore Capital Group Inc. announced first quarter results, including a 17% jump in gross collections from portfolio purchasing and recoveries.

• Missouri Lawmakers Defeat Casino Credit Bill

  Collections & Credit Risk | May 8, 2013

  A Missouri Senate committee defeated a bill that would have allowed casinos to extend credit to customers. The vote surprised supporters.

• News Release: Coface Gains IACC Certification

  Collections & Credit Risk | May 2, 2013

  Coface Collections North America Inc. has completed the process to become certified by the International Association of Commercial Collectors.