BNET Business Dictionary
Business Definition for: Debt Collection Agency
- a business that secures the repayment of debts for third parties on a commission or fee basis
Additional Resources
- California debt collection agency settles FTC Charges of Fair Credit Reporting Act violations.
- M2 PRESSWIRE-25 August 2000-US FTC: California debt collection agency settles FTC Charges of Fair Credit Reporting Act violations C1994-2000 M2 COMMUNICATIONS LTD RDATE:24082000 The Federal Trade Commission today announced a proposed settlement with a California-based debt collection agency, Performance Capital...
- Research articles 2000-08-25
- Federal Court declares debt collection agency misled consumers about debts owed to insurance company.
- M2 PRESSWIRE-19 April 2002-ACCC: Federal Court declares debt collection agency misled consumers about debts owed to insurance company C1994-2002 M2 COMMUNICATIONS LTD RDATE:19042002 The Federal Court of Australia, Adelaide has declared that the debt collection agency, Waterman Collections Pty Ltd, engaged...
- Research articles 2002-04-19
- Transcom WorldWide S.A. acquires German debt collection agency
- NORDIC BUSINESS REPORT-31 January 2006-Transcom WorldWide S.A. acquires German debt collection agencyC1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com Swedish-controlled pan-European customer relationship management provider Transcom WorldWide S.A. said on Tuesday (31 January) that it had acquired 100% of the German debt collection agency Dr. Finsterer + Koenigs Inkasso GmbH. The...
- Research articles 2006-01-31
- Intrum Justitia acquires debt collection agency in Slovakia
- NORDIC BUSINESS REPORT-16 June 2005-Intrum Justitia acquires debt collection agency in SlovakiaC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish credit management services group Intrum Justitia said on Wednesday (15 June) that it had acquired the Slovakian debt collection company Creditexpress Slovakia s.r.o. Creditexpress has 30 employees and a turnover...
- Research articles 2005-06-16
- Debt collection pays for Packer.(Kerry Packer, Consolidated Press Holdings Ltd.)(Brief Article)
- Mar 06, 2005 (The Sydney Morning Herald - ABIX via COMTEX) US debt collection agency, Encore Group, is making money for Australian investor, Kerry Packer. His private company, Consolidated Press Holdings CPH, owns 17 per cent of the San Diego firm. On 4 March ...
- Research articles 2005-03-06
- Collection agency envelope that used federal agency's return address violated Fair Debt Collection Practices Act
- CONSUMER PROTECTION Peter v. GC Servs. L.P, 310 F.3d 344 (5th Cir. 2002). The Fifth Circuit Court of Appeals held that an envelope used by a collection agency violated the Fair Debt Collection Practices Act FDCPA, 15 U.S.C. sec 1692, because it could lead the recipient to believe it was...
- Research articles 2003-03-01
- Aktiv Kapital ASA acquires Spanish collection agency
- NORDIC BUSINESS REPORT-21 January 2005-Aktiv Kapital ASA acquires Spanish collection agencyC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian credit administrative services provider Aktiv Kapital ASA said on Friday (21 January) that it had acquired the Spanish collection company Treym Consulting y Servicios a Empresas SL. The acquisition price was...
- Research articles 2005-01-21
- Transcom WorldWide SA acquires Austrian debt collector IS Inkasso
- NORDIC BUSINESS REPORT-3 September 2007-Transcom WorldWide SA acquires Austrian debt collector IS InkassoC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish-controlled, Luxembourg-based customer relationship management CRM solutions and debt collection services provider Transcom WorldWide SA said on Monday (3 September) that it has acquired 100% of IS Inkasso Service Group, the...
- Research articles 2007-09-03
- News in brief: Gresham backs debt firm.
- Gresham, a UK mid-market firm, has backed Mike Cleary, an entrepreneur, for the second time with [pounds sterling]20m ([euro]29m) of second round funding for 1st Credit, a debt purchase and collection business.Barclays Bank also participated. Gresham backed Cleary's CCI debt collection agency in a buy-out in...
- Research articles 2003-10-19
- Roanoke, Va., debt collector draws complaints of harassment of debtors.
- By Deirdre Conner, The Roanoke Times, Va. Knight Ridder/Tribune Business News Sep. 19--A Roanoke debt collection agency celebrated as one of the nation's fastest-growing companies routinely harasses debtors and violates federal law, according to legal proceedings and complaints filed with consumer...
- Research articles 2004-09-19
- Debt Collection: Agriculture Making Progress in Addressing Key Challenges.
- GAO-03-202T November 13, 2002 In December 2001, GAO testified at a hearing before the Subcommittee on Government Efficiency, Financial Management and Intergovernmental Relations, House Committee on Government Reform that the Department of Agriculture, primarily the Rural Housing Service RHS and the Farm Service Agency FSA, faced challenges in...
- Research articles 2002-12-01
- Letter Enclosing Payment In Full To Collection Agency
- Use this template to inform a collection agency that you are paying your debt in question in full.
- Tools & templates 2008-01-01
- Letter Enclosing Partial Payment To Collection Agency
- Use this template to notify the collection agency that you have made partial payment on a debt that has gone into collections.
- Tools & templates 2008-01-01
- ATO outsources debt collection.
- Byline: Fleur Anderson Feb 20, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Australian Taxation Office ATO will trial a program to collect more debts. The ...
- Research articles 2006-02-20
- King County, Wash., Judge Orders Collection Agency to Pay in Frivolous Case.
- By Maureen O'Hagan, The Seattle Times Knight Ridder/Tribune Business News Oct. 8--It was payback time yesterday for an overzealous collection agency that was ordered to pay attorney's fees for a woman it hauled into court over an 18-cent debt. ...
- Research articles 2002-10-08
- Co-founder offloads Collection.
- Byline: Nina Wan Sep 17, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The co-founder of Collection House, Stephen Walker, sold his entire stake in the company on 8 September 2006. He is due to step down from the Australian debt...
- Research articles 2006-09-17
- Debt collector engaged in harassment and coercion.
- M2 PRESSWIRE-9 August 2000-ACCC: Debt collector engaged in harassment and coercion C1994-2000 M2 COMMUNICATIONS LTD RDATE:09082000 The Federal Court, Perth has found that Cash Return Mercantile Pty Ltd Cash Return, a debt collection agency, and its former agent, Ms ...
- Research articles 2000-08-09
- Judge shuts down Rockford, Ill.-based debt collector accused of illegal tactics.
- By Tom Rybarczyk, Chicago Tribune Knight Ridder/Tribune Business News Dec. 9--A Rockford-based debt-collection agency that federal regulators accused Wednesday of using threats of jail time and other illegal tactics to collect old debts has been forced to shut down. ...
- Research articles 2004-12-09
- Debt Collection: Opportunities Exist for Improving FMS's Cross-Servicing Program.
- GAO-04-47 October 31, 2003 GAO has previously reviewed facets of Treasury's Financial Management Service's FMS cross-servicing efforts. These reviews did not include FMS's handling of nontax debts that were returned to FMS uncollected by its private collection agency PCA contractors because FMS officials did not consider the cross-servicing...
- Research articles 2003-12-01
- Girl Scouts hire collection agency to retrieve overdue cookie payments.
- By Marguerite Higgins, The Washington Times Knight Ridder/Tribune Business News Jul. 22--If you still haven't paid your local Girl Scout for that box of Thin Mints, now's the time to pony up. The Scouts have hired a little muscle to get...
- Research articles 2004-07-22
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