Weekly Top 10 – Week of July 4, 2010
Each week we bring you 10 of our most favorite stories from around the industry.
Week of July 4, 2010
1. State yanks license of collection agency
(SJ-R.com 07/09/10)
A Springfield, Illinois collection agency has been fined $55,000 in addition to having its license revoked.
2. Debt collectors get nasty
(CNNMoney.com 07/10/10)
CNN staff reporter Blake Ellis uses statistics from the FTCs 2009 annual report on the FDCPA to make the claim that debt collectors are “getting desperate and dirty.”
3. Debt Collector Shot Dead While Riding Scooter in Front of School
(GetOutofDebt.org 07/08/10)
A Malaysian debt collector was shot twice from behind in what appears to be an act of revenge.
4. Lawsuits Filed Against 471 Agencies, Creditors
(Collections & Credit Risk, 07/09/10)
In the second half of June it is estimated that 471 collection agencies and creditors were sued. Hopefully your’s wasn’t one of them.
5. New Colorado Collection Agency Requirements Misguided, Say ARM Leaders
(insideARM.com, 07/09/10)
Is it possible that Colorado is enacting legislation to deal with a problem that doesn’t even exist? Some think so. Do you agree?
6. Kaulkin Media Appoints Stephanie Eidelman President to Drive Change
(insideARM.com, 07/08/10)
Kaulkin Media has appointed a new president who is ready to shift the public conversation about the industry.
7. Collection Agency Runs Free Baseball Camp for 50 Kids
(insideARM.com, 07/08/10)
Former Brewers baseball player and current owner of National Recovery Service, Brad DeKraai, recently hosted a free baseball camp for Kansas children.
8. Susan Smith Recognized as “Woman of the Year” by the National Association of Professional Women
(MKS Financial Services press release, 07/08/10)
MKS Financial Services’ executive vice president Susan Smith receives honor of as The National Association of Professional Women’s “Woman of the Year.”
9. MicroBilt Corporation Launches New Blog, Newsletter and Forum Resources
(MicroBilt Corporation press release, accessed 07/05/10)
MicroBilt recently unveiled a new blog, newsletter, and forum which will provide useful information to members of the credit and collection industry.
10. FDCPA Plaintiff Attorney Suspended from Practicing Law by State
(insideARM.com, 07/02/10)
The Minnesota Supreme Court has suspended Thomas Lyons from practicing law in the state.
