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Compliance Expert Gains Industry's Respect

Manny Newburger is widely respected as one of the collection industry’s most knowledgeable educators on Fair Debt Collection Practices Act compliance. Read More >>

Former Capital One Executive Joins Debt-Buying Company

Lowell Group, the UK’s largest debt-buying company, has recruited Paul Thomas from Capital One Bank to become the company’s head of External Recoveries. Read More >>

Chase Cards Unit Reports $306 Million Q4 Loss

JPMorgan Chase & Co.’s Card Services unit cited weakness in the credit card sector and the effects of the recession as key contributors to a $306 million net loss in the fourth quarter. Read More >>

Industry Outlook: Biding Time In The Bad-Debt Market

Historically low prices for the choicest portfolios of distressed consumer debt would seem to point to a buyers’ market. Yet many buyers are waiting. Read More >>

Court Dismisses Up To 25,000 Collection Lawsuits; Giant Falls

An estimated 20,000 to 25,000 lawsuits filed in Maryland will be dismissed as a result of the collapse of legal collection giant Mann Bracken LLP. Read More >>

New Name For Veteran Debt Buyer

Collins Financial Services, a consumer debt buyer and reseller that also handles recoveries, is rebranding the business under the name Precision Recovery Analytics Inc. Read More >>

 

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