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At A Glance Newsletter
Friday, March 4, 2005
THE DEBT MARKETPLACE - AT A GLANCE http://www.debtmarketplace.com/glance.html Friday, March 04, 2005 The DEBT CONNECTION website offers a searchable database of service providers and suppliers, for more information go to http://www.debtconnection.com. Check listings by category on DEBT CONNECTION Master Search by going to: http://www.debtconnection.com/mastersearch.asp For more information on detailed profiles please go to: http://www.debtconnection.com/advertising.asp SEC COLLECTING DATA ON CHOICEPOINT The Alpharetta-based company said it has hired a retired Secret Service agent to help revamp its verification process. It also has paid for a one-year subscription to a credit monitoring service for each of the 144,778 people that may have been affected by the breach. http://www.cbsnews.com/stories/2005/03/04/tech/main678077.shtml MORE ACCOUNTING PROBLEMS AT FANNIE MAE Additional serious accounting problems at Fannie Mae recently discovered by federal regulators could mean as much as $2.8 billion in further losses, according to an analysis based on information provided by the embattled mortgage giant. http://biz.yahoo.com/ap/050303/fannie_mae_4.html RPT-UPDATE 1-U.S. BANK REGULATOR CLAMPS DOWN ON "PAYDAY" LOANS A U.S. bank regulator on Wednesday took aim at "payday loans," advising banks not to extend short-term loans with loan shark rates to people who had such loans for three months during the previous year. http://yahoo.reuters.com4_n02482985_newsml BOFA SETTLES WORLDCOM SUIT FOR $460.5M Bank of America Corp., the No. 3 U.S. bank, said Thursday that it will pay $460.5 million to settle a class-action lawsuit that investors brought over its role in the collapse of WorldCom Inc., the long-distance phone company. http://money.cnn.com/2005/03/03/news/fortune500/bankofamerica_worldcom.reut/index.htm SENATE VOTES TO REJECT DEMOCRATIC CAVEATS ON BANKRUPTCY BILL Senate Democrats were thwarted yesterday in attempts to soften the effect on seniors of a proposed law making it harder for people to erase their debts in bankruptcy. http://www.boston.com/on_bankruptcy_bill/ NATIONAL LEGAL DEBT CENTERS, INC. -- CONSUMER ALERT In recent months, companies that the Federal Trade Commission alleged have threatened and harassed thousands of consumers to get them to pay old, unenforceable debts or debts they did not owe, have agreed to settle charges that their abusive and deceptive collection practices violated federal law and pay a $300,000 civil penalty. http://news.yahoo.com/news?tmpl=story&u=/prweb/20050301/bs_prweb/prweb212543_1 VISA UNVEILS NEW SYSTEMS MONITORING Visa USA and its Member financial institutions have a new perspective on how well the technology in Visa's global payment network is functioning. http://biz.yahoo.com/bw/050301/15574_1.html QWEST-MCI MERGER COULD COST 15,000 JOBS Qwest would cut up to 15,000 jobs if it succeeds in acquiring MCI, more than double the work force reductions planned by Verizon in its deal to buy the long-distance phone company. http://www.usatoday.com/money/industries/telecom/2005-03-01-qwest-mci_x.htm COLLECTOR INCENTIVE AND COMPENSATION STUDY Resource Management Services, Inc. (RMS) and its sister company, The Debt Marketplace, Inc. (TDM), are pleased to announce publication of the Collector Incentive and Compensation Study, which was conducted during the first quarter 2004. $179.00 + S&H To order click here: http://www.resourcemanagement.com/compensation.php3 THE BEST OF THE AGENCY EXAMINER A text for Collection and Recovery professionals; this publication brings together over 15 years of the industry in one extraordinary volume. Find good, solid instruction and get the answers you need today! $149.00 + S&H To order, click here: http://www.resourcemanagement.com/examiner.php3 DEBTCONNECTION.COM CONTINUE TO GROW & EXPAND The industry Websites, http://www.debtconnection.com continues to grow tremendously and expands with new listings daily. Find portfolios, buyers, sellers and industry service providers such as consultants, agencies, products and more. NEWEST ADDITIONS AND UPDATES TO DEBTCONNECTION.COM: PORTFOLIOS AVAILABLE - FOR SALE To view all listed portfolios and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/portfolioforsale.asp New additions and updates this week include: $9,100,000 - Credit Cards National 706-868-5566 Associated Receivables, Inc. To View on DEBTCONNECTION.COM http://www.debtconnection.com/portfolio.asp?118 DEBT BUYERS To view all listed debt buyers and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/debtbuyers.asp New additions and updates this week include: EMCC Receivables, LLC 800-880-8899 For information on this company, please visit their detailed profile: http://www.debtconnection.com/moreinfo.asp?256 Associated Receivables, Inc. 706-868-5566 David Taylor & Associates, LLC 978-863-8933 For more information on this company, please visit their detailed profile: http://www.debtconnection.com/moreinfo.asp?283 LA Debt, Inc. 678-595-9215 Care Principium +91204031517 (India) DEBT SELLERS To view all listed debt sellers and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/debtsellers.asp New additions and updates this week include: P.N. Credit Services, Inc. 508-923-0736 Seymour & Seymour 800-406-1710 RELATED INDUSTRY SERVICES New additions this week include: INVESTMENT FIRMS For all listed Investment Firm contact information, check http://www.debtconnection.com/blisting.asp?23 CapitalSource Finance, LLC 212-321-7215 DECEASED InsightAmerica 888-259-6173 For information on this company, please visit their detailed profile: http://www.debtconnection.com/moreinfo.asp?319 SCORING/SCRUBBING InsightAmerica 888-259-6173 For information on this company, please visit their detailed profile: http://www.debtconnection.com/moreinfo.asp?318 SKIP TRACING InsightAmerica 888-259-6173 For information on this company, please visit their detailed profile: http://www.debtconnection.com/moreinfo.asp?317 RSI Services 888-999-0225 COLLECTION SERVICES To view all listed agencies and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/agencies.asp New additions and updates this week include: The Legal Recovery Office, LLC 281-492-1645 Omnium Worldwide, Inc. 402-546-7047 For information on this company, please visit their detailed profile: http://www.debtconnection.com/moreinfo.asp?440 Newton & Associates 800-440-8853 David Taylor & Associates, LLC 877-895-0606 The Forwarders List of Attorneys 800-638-9200 ATTORNEYS To view all listed agencies and contact information on DEBTCONNECTION.COM check http://www.debtconnection.com/attorneys.asp New additions and updates this week include: Tower Law Center 562-346-3242 UPCOMING INDUSTRY EVENTS For all upcoming industry events, check http://www.debtconnection.com/industryevents.asp ICBA National Convention & Techworld Independent Community Bankers of America The San Antonio Convention Center San Antonio, TX March 9-13, 2005 http://www.icba.org/ (800) 422-7285 DETAILED PROFILES ON WWW.DEBTCONNECTION.COM ARE AVAILABLE If you're serious about your listing, get a one-page detailed profile, so Buyers, sellers and others know more about who you are. Detailed profiles are indexed by major search engines. It's a great way to add exposure to your company and/or website. SPONSORSHIP MESSAGE This At A Glance 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. Due Diligence for Buyers and Sellers. 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 them out at: http://www.debtmarketplace.com/ Copyright 2001, 2002, 2003, 2004 THE DEBT MARKETPLACE, INC. 562-903-7220 At A Glance reports can be expected weekly or biweekly, depending on quantity of news and information to report. You may send this report, in its entirety, to others who may have interest. 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