ENFORCEMENT OF 'RED FLAGS' RULE REQUIRING CREDITORS AND FINANCIAL INSTITUTIONS TO HAVE IDENTITY THEFT PREVENTION PROGRAMS
The Federal Trade Commission will suspend enforcement of the new "Red Flags Rule" until May 1, 2009, to give creditors and financial institutions additional time in which to develop and implement written identity theft prevention programs.
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CHRYSLER TO CUT QUARTER OF WHITE-COLLAR JOBS
NEW YORK (CNNMoney.com) -- Chrysler LLC plans to reduce its white-collar workforce by 25% by the end of the year, the company said in an announcement Friday.
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COLLECTION PARTNER USERS RECEIVE ACCOLADES FROM NATIONAL DEBT FORWARDERS
Collection Partner users brought home more than CLE's at the NARCA (National Association of Retail Collection Attorneys) Fall Conference this past week in Washington DC. Awards from major debt forwarders were presented during the conference at the historic Omni Shoreham Hotel. Among the list of presenters were NAN, AACA, and Paragon Way.
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PNC TO BUY NATIONAL CITY
NEW YORK (CNNMoney.com) -- PNC announced Friday it would acquire regional bank National City in a deal worth about $5.6 billion.
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ATTORNEY GENERAL MCGRAW OBTAINS CANCELLATION OF $6.6 MILLION IN CREDIT CARD DEBT FOR 1,451 WV CONSUMERS
Attorney General Darrell McGraw announced today that his office entered a settlement agreement with Financial Credit Services ("FCS"), a debt purchaser based in Palatine, Illinois, that netted canceled debts of $6,675,474.64 for 1,451 West Virginia consumers. According to FCS, the defaulted credit card accounts in question were originally owed to numerous main stream credit card banks, including Bank One, Citifinancial, Chase, GE Capital, Household, MNBA, and Providian.
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DEBT BUYER SMALL BUSINESS CARD STUDY BY THE DEBT MARKETPLACE, INC. CONTINUES
The Debt Marketplace, Inc., in conjunction with its sister company, Resource Management Services, Inc. (RMS), continues an innovative joint research project focused on Small Business credit card issues faced by debt buyers in today's financial environment.
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COMCAST SAYS CUSTOMERS ARE OWED APOLOGIES
Cable provider Comcast Corp. said 81 island residents who received letters from a debt collection agency demanding the immediate return of, or payment for, converter boxes, remotes and modems lost in Hurricane Ike are owed letters of apology.
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MORE THAN 1 MILLION COLLEGE STUDENTS OFFERED EDUCATION IN PRACTICAL MONEY SKILLS FROM WELLS FARGO
Wells Fargo & Company (NYSE:WFC) said it has offered Practical Money Skills for Life to more than 1 million college students the last five years. Practical Money Skills for Life features two online credit education lessons sponsored by Wells Fargo and Visa.
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NEW FORECLOSURE PLAN ON TAP
NEW YORK (CNNMoney.com) -- The federal government, which has been criticized for not doing enough for Main Street while coming to the immediate aid of banks, is working on a new plan to help troubled homeowners.
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U.S. BANK'S PAYMENT PLUS B2B PAYMENT NETWORK FUELS CONTINUED GROWTH IN SPITE OF ECONOMIC SLOW DOWN
U.S. Bank's Access(R) Online Payment Plus, a B2B payment network that has been developed in-house and integrated into existing electronic access systems, is fueling continued growth for U.S. Bank.
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ATTORNEY GENERAL ABBOTT CALLS FOR MORTGAGE DEFERMENT LEGISLATION TO HELP STRUGGLING HOMEOWNERS
AUSTIN – Texas Attorney General Greg Abbott today proposed a legislative initiative aimed at improving the state's foreclosure process and helping Texas homeowners stay in their homes.
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SIGNS CREDIT MARKET IS BEGINNING TO MEND
SAN FRANCISCO -- After receiving round after round of CPR from the Federal Reserve and the Treasury Department, the financial system is beginning to breathe again.
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TSYS SIGNS NEW CLIENTS AND ADDS DATA CENTER IN JAPAN
Columbus, Ga. - TSYS today announced the signing of three new clients and the addition of a new data center in Japan. The clients include: AZ Card, OCS and Nagasaki Kenmin Shinyo Kumiai. The data center, which will be called the TSYS Okinawa Data Center (TODC), is located in Nago City, Okinawa.
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| TRIAD FINANCIAL NOW OFFERS LOAN SERVICING FOR CREDIT UNIONS, FINANCE COMPANIES AND INVESTORS
Clients save overhead costs, while leveraging Triad’s scale and 20 years of positive results.
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BUYER / SELLER 101 NOVEMBER 13-14 CLASS HAS SEATS AVAILABLE
The Debt Marketplace, Inc. is committed to providing comprehensive industry resources for maximizing returns and controlling risk, announces that seats are open for its Buyer / Seller 101 course.
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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: | | | Portfolios For Sale | $4,867,793.00 Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?621
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826
$402,002,271.00 Telecommunications
WorldWide Debt Exchange
http://www.debtconnection.com/portfolio.asp?620
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1690
$8,443,597.00 Credit Cards
Oliphant Financial, LLC
http://www.debtconnection.com/portfolio.asp?618
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?250
$42,499,792.00 Auto Deficiencies
AmeriCredit Financial Services
http://www.debtconnection.com/portfolio.asp?617
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?3538
$18,862,253.00 Auto Deficiencies
AmeriCredit Financial Services
http://www.debtconnection.com/portfolio.asp?616
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?3538
$15,351,192.00 Retail
Oliphant Financial, LLC
http://www.debtconnection.com/portfolio.asp?615
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?250
$5,063,000.00 Credit Cards
Pacific Healthcare Services, Inc.
http://www.debtconnection.com/portfolio.asp?614
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?3122
$579,525.00 Other
Pacific Healthcare Services, Inc.
http://www.debtconnection.com/portfolio.asp?613
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?3122
$4,564,187.00 Checks
Fairway Financial Solutions LLC
http://www.debtconnection.com/portfolio.asp?612
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?3606
| | Agency | D & H CONSULTANTS, INC
404-409-6833
| | Debt Buyers | INVESTOR SERVICES INC.
714-625-6573
| | Debt Sellers | AMERICREDIT FINANCIAL SERVICES
Craig Paterson
817-524-3802
More Information
| | Skip Tracing | LOCATEPLUS
Leeanne Nagle
888-746-3463
More Information
|
|
Industry Events
|
7th Annual BITS/American Banker Financial Services Outsourcing Conference
SourceMedia, Inc.
Westin Alexandria
Alexandria, VA
October 27 - 28, 2008
More Information
Subprime Litigation & Enforcement
American Conference Institute
Millennium Broadway Hotel
New York, NY
October 28 - 29, 2008
More Information
US Hispanic and Latin American Markets: A World of Emerging Opportunities
Credit & Collection Symposium of the Americas
Hyatt Regency Hotel
Miami, FL
October 28 - 30, 2008
More Information
2008 International Insolvency Symposium
American Conference Institute
Hilton Frankfurt
Frankfurt, Germany
October 31, 2008
More Information
|
|
|
This report is sponsored by The Debt Marketplace. Our firm specializes in assisting buyers and sellers in all aspects of the transaction process, including...
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- Evaluating the viability of a sale.
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- 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
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| At A Glance - Wednesday, January 30, 2008 |
| At A Glance - Friday, January 25, 2008 |
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| At A Glance - Friday, January 18, 2008 |
| At A Glance - Wednesday, January 16, 2008 |
| At A Glance - Friday, January 11, 2008 |
| At A Glance - Wednesday, January 09, 2008 |
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