Each week we bring you 10 of our most favorite stories from around the industry.
Week of August 1, 2010
1. ‘Debt tagging’ by collection agencies a growing problem
(The Washington Post, 08/08/10)
Is it true that debt collectors are increasingly trying to collect from the wrong people?
2. Seminar on helping small businesses collect debts to be held in Massena, NY in September
(North Country Now, 08/07/10)
Northern Asset Recovery will be offering a seminar designed to assist small businesses in collecting their debts.”
3. NCLC Releases Report on “The Debt Collection Machine”
(ACA International, 08/06/10)
The National Consumer Law Center recently released a report claiming that the collection industry treats consumers unfairly and burdens the court systems.
4. Mickey Rourke – Rourke Nearly Shot Man As Debt Collector
(Contactmusic.com, 08/07/10)
Hollywood tough guy MICKEY ROURKE nearly shot a man during his work as a debt collector, when his gun misfired during a heated exchange with a delinquent borrower.”
5. Martin Sher of Birmingham Takes the Gavel as President of International Trade Association
(PRWeb.com, 08/06/10)
Martin Sher, a Birmingham, Ala businessman has been named the 2010-2011 president of ACA International, the association of credit and collection professionals. Sher, co-owner with his brother David of AmSher Receivables Management, assumed the president’s gavel in July at the ACA International Convention in Washington D.C.”
6. Richmond Using Collection Agency for $3M in Unpaid Tickets
(WTVR.com, 08/06/10)
The City of Richmond, Virginia is chasing down $3 million in unpaid parking tickets.
7. Collector sued after sending fax to debtor’s employer
(The Southeast Texas Record, 08/05/10)
According to court records, Check Recovery Services sent a fax to [David] Oefelein’s work requesting verification of his employment which included his full social security number. The plaintiff states he was embarrassed that this was sent to his work and also concerned that the information contained his social security number.”
8. Guns don’t kill people, debt collectors kill people?
(insideARM.com, 08/06/10)
Are debt collectors to blame for the recent shootings that left eight people dead in Hartford, Connecticut?
9. Are your collectors a data security risk?
(insideARM.com, 08/03/10)
collector mentor editor Gary Jensen shares some tips on how collection agencies can prevent employee dishonesty.
10. Collection Agency Receives Readership Poll Award
(PRLog.com, 08/04/10)
American Profit Recovery, a collection agency based in Michigan, Massachusetts and North Carolina, recently received the Banker & Tradesman’s First Place Gold Award in the Banking Section/Asset Recovery category for their 2010 readership poll. The award recipients were determined in the BEST OF Banker & Tradesman Poll where readers voted from April 30th – July 2nd to determine who they believe to be the best providers.”
