COLLECTION AGENCY/ATTORNEY SMALL BUSINESS CARD STUDY ANNOUNCED BY THE DEBT MARKETPLACE, INC. The Debt Marketplace, Inc., in conjunction with its sister company, Resource Management Services, Inc. (RMS), is pleased to announce an innovative joint research project focused on Small Business credit card issues faced by collection agencies and attorneys in today's financial environment. read more
GMAC: RESCAP IN DANGER OF FAILING GMAC Financial Services said today that its Fort Washington subsidiary, Residential Capital L.L.C., is in danger of failing without additional support from its parent. read more
PLANNED JOB CUTS HIGHEST IN 5 YEARS October was another awful month for jobs. Two key employment reports released Wednesday showed the largest number of planned job cuts in nearly five years, with private sector jobs falling by the largest amount in nearly seven years. read more
WELLS FARGO TO LAY OFF FORT MILL WORKERS FORT MILL, S.C. -- Wells Fargo & Co. will lay off workers at its mortgage center in Fort Mill, the bank confirmed to the Charlotte Observer on Tuesday. read more
TOM NUSSPICKEL NAMED SVP/CMO AND EQUITY OWNER IN SIMM ASSOCIATES, INC. NEWARK, DE - SIMM Associates, Inc., a Delaware-based collection agency founded in 1991 by Greg Simendinger, Jeff Simendinger, and Brad Simendinger is pleased to announce that Tom Nusspickel has been named an equity owner of the company. read more
CR SOFTWARE LLC INTRODUCES TITANIUM ORE LITE CR Software LLC (CRS), the leading financial software solutions provider to collections entities, is proud to introduce today its latest product, Titanium ORE Lite. read more
U.S. BANK PROVIDES RECORD $503,912,300 IN SBA LOANS IN 2008 MINNEAPOLIS- U.S. Bank increased its U.S. Small Business Administration (SBA) loan dollar volume total by 3.6 percent for fiscal 2008, according to SBA information. read more
CONSUMER BANKRUPTCIES IN OCTOBER TOP 100,000 The sagging economy sparked 106,266 consumer bankruptcy filings in October, the first time monthly filings topped 100,000 since the bankruptcy law changed in 2005, the American Bankruptcy Institute said Tuesday. read more
WWR PARTNER CHUCK PONA ADMITTED TO PRACTICE BEFORE U.S. SUPREME COURT Weltman, Weinberg & Reis Co., L.P.A. (WWR) is pleased to announce that WWR Partner Charles G. Pona was recently admitted to practice before the United States Supreme Court. read more
USA FUNDS OUTLINES OPTIONS FOR STUDENT LOAN PAYMENT RELIEF INDIANAPOLIS - USA Funds® , the nation's leading education loan guarantor, advises student loan borrowers who are having difficulty making their monthly loan payments that they have several options if they need temporary payment relief. read more
THE OCTOBER 2008 SENIOR LOAN OFFICER OPINION SURVEY The October 2008 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the supply of, and demand for, bank loans to businesses and households over the past three months. read more
SERVICE SECTOR SHRINKS TO LOWEST POINT THIS YEAR The nation's service sector contracted in October, falling to the lowest reading so far this year, according to a survey of industry executives released Wednesday. read more
GM'S SALES FURTHER COMPROMISED BY TIGHTENING AT GMAC DETROIT -(Dow Jones)- Troubles at GMAC Financial Services have put General Motors Corp. (GM), which relies heavily on the lender to sell vehicles, at a disadvantage as the auto maker battles sinking sales. read more
FIRST DATA AND INCOMM MUTUALLY AGREE TO TERMINATE ACQUISITION PLAN DENVER & ATLANTA - First Data, a global leader in electronic commerce and payment processing services, and InComm, an industry leading marketer and distributor of stored value, gift and prepaid products, announced today that they have mutually agreed to terminate the planned acquisition of InComm. read more
GLOBAL CONNECT SELECTS PAYMENT VISION TO OFFER PAYMENT GATEWAY SERVICES TO CUSTOMERS OF ITS VOICE MESSAGING SYSTEM GAITHERSBURG, Md.--(EON: Enhanced Online News)--Global Connect, one of the leading providers of voice messaging and notification services, announced today that its customers will have access to the gateway services of Payment Vision, the popular payment gateway powered by Autoscribe Corp. read more
FORRESTER RESEARCH AND SOUNDBITE COMMUNICATIONS TO HOST WEBINAR ON KEEPING CUSTOMERS ENGAGED WITH PROACTIVE COMMUNICATION STRATEGIES BEDFORD, Mass. - Now more than ever, companies need to focus on controlling their expenses while maintaining a continuous revenue stream. Organizations should look towards proactive customer communications to enable more efficient interactions with customers - allowing faster payments and communicating special offers - while reducing operational costs and improving customer loyalty. read more
LOCATEPLUS BECOMES AFFILIATE MEMBER OF INTERNATIONAL ASSOCIATION OF CREDIT AND COLLECTION PROFESSIONALS LocatePLUS Holdings Corp. (Pink Sheets: LPHC), a business-to-business and business-to-government provider of public information located in Beverly, MA, was recently accepted as an affiliate member of ACA International -- the Association of Credit and Collection Professionals -- formerly known as the American Collectors Association. read more
IAT TO PRESENT FREE WEBINAR ON THE BENEFITS OF USING HOSTED DIALING TECHNOLOGY Dialing Technology: More Right-Party Contacts = More Money Collected," on Wed. This one-hour webinar will be geared toward anyone anting to know more about hosted predictive dialing and broadcast messaging, and how these services can help them in the collection process. read more
FIRST DATA SEAMLESSLY TRANSITIONS CHASE PAYMENTECH PORTFOLIO DENVER - First Data, a global technology leader in electronic commerce and payments, today announced the successful termination of its joint venture, Chase Paymentech Solutions™, with JPMorgan Chase. Both companies now operate separate payment businesses. read more
CITI SAYS CREDIT CARD LOSSES MAY RISE THROUGH 2009 NEW YORK (MarketWatch) -- Citigroup said that it lost $1.4 billion in the third quarter from credit card securitizations and that it expects such losses will continue, possibly reaching record levels in 2009. read more
CHASE FURTHER STRENGTHENS ROBUST PROGRAMS TO KEEP FAMILIES IN HOMES, INCLUDING SYSTEMATIC REVIEW OF ENTIRE MORTGAGE PORTFOLIO NEW YORK - Chase today announced it is expanding its already significant mortgage modification program by undertaking multiple initiatives designed to keep more families in their homes, including extending its modification programs to WaMu and EMC customers. read more
AMERICAN EXPRESS WILL CUT JOBS, IMPOSE HIRING FREEZE NEW YORK - American Express Co., the largest US credit card company by purchases, will slash 10 percent of its workforce to cut costs amid rising defaults as consumers squeezed by higher unemployment fail to repay their debts. read more
FAIR ISAAC UNVEILS SUSTAINABLE ENTERPRISE INITIATIVE Minneapolis, Minnesota, USA - In the firm belief that "going green" is more than a catch phrase, Fair Isaac Corporation (NYSE: FIC), the leading provider of analytics and decision management technology, formally announced its Sustainable Enterprise Initiative today. This company-wide program is designed to reduce Fair Isaac's carbon footprint through energy and natural resource conservation, while also delivering operational savings. 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 | $306,023.00 Other Pacific Healthcare Services, Inc. http://www.debtconnection.com/portfolio.asp?631 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?3122
| | Agency | PRIVATE EYES INVESTIGATIONS INC. GLENN STOUT 251-660-8147 More Information
ATHENA RECOVERY SOLUTIONS, LLC 818-518-1138
| | Consultants | FAIRWAY FINANCIAL SOLUTIONS Ken Hannold 972-869-7659 More Information
LOCATEPLUS 888-746-3463
| | Risk Management/Metrics | LOCATEPLUS 888-746-3463
| | Skip Tracing | LOCATEPLUS Leeanne Nagle 888-746-3463 More Information
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Industry Events
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ACA Fall Forum 2008
ACA International
Westin Michigan Avenue
Chicago, IL
November 5 - 7, 2008
More Information
2008 Fair Lending Conference
Consumer Bankers Association
Ritz Carlton Pentagon City
Arlington, VA
November 5 - 7, 2008
More Information
PDG's 29th National Student Loan/Receivables Collection Conference
Professional Development Group II, Inc
Silver Legacy Resort Casino
Reno, NV
November 9 - 12, 2008
More Information
Collection Advisor TECH'08
Collection Advisor Magazine
Loews Royal Pacific
Orlando, FL
November 10 - 12, 2008
More Information
Detroit Consumer Bankruptcy Conference
American Bankruptcy Institute
Troy Marriott
Troy, MI
November 11, 2008
More Information
Buyer / Seller 101
The Debt Marketplace, Inc.
Embassy Suites
Downey, California
November 13 - 14, 2008
More Information
88th New York Meeting
Commercial Law League of America (CLLA)
Sheraton New York Hotel & Towers
New York, New York
November 13 - 16, 2008
More Information
6TH Annual Debt Sales Conference
SCORE STATISTICAL CONSULTING
Old Mill Inn and Spa
Toronto, ON
November 20, 2008
More Information
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| At A Glance - Friday, January 02, 2009 |
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| At A Glance - Friday, May 30, 2008 |
| At A Glance - Wednesday, May 28, 2008 |
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| At A Glance - Friday, May 16, 2008 |
| At A Glance - Wednesday, May 14, 2008 |
| At A Glance - Friday, May 09, 2008 |
| At A Glance - Wednesday, May 07, 2008 |
| At A Glance - Friday, May 02, 2008 |
| At A Glance - Wednesday, April 30, 2008 |
| At A Glance - Friday, April 25, 2008 |
| At A Glance - Wednesday, April 23, 2008 |
| At A Glance - Friday, April 18, 2008 |
| At A Glance - Wednesday, April 16, 2008 |
| At A Glance - Friday, April 11, 2008 |
| At A Glance - Wednesday, April 09, 2008 |
| At A Glance - Friday, April 04, 2008 |
| At A Glance - Wednesday, April 02, 2008 |
| At A Glance - Friday, March 28, 2008 |
| At A Glance - Wednesday, March 26, 2008 |
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| At A Glance - Wednesday, March 19, 2008 |
| At A Glance - Friday, March 14, 2008 |
| At A Glance - Wednesday, March 12, 2008 |
| At A Glance - Friday, March 07, 2008 |
| At A Glance - Wednesday, March 05, 2008 |
| At A Glance - Friday, February 29, 2008 |
| At A Glance - Wednesday, February 27, 2008 |
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| At A Glance - Wednesday, February 20, 2008 |
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| At A Glance - Wednesday, February 13, 2008 |
| At A Glance - Friday, February 08, 2008 |
| At A Glance - Wednesday, February 06, 2008 |
| At A Glance - Wednesday, January 30, 2008 |
| At A Glance - Friday, January 25, 2008 |
| At A Glance - Tuesday, January 22, 2008 |
| 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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