Collections & Credit Risk articles from February 2008

Collections & Credit Risk archives from February 2008

Editor's Letter: Keeping in Touch.(Editorial)
February 1, 2008... In recent months, we encouraged you to talk to us about the issues and trends that are most important to the growing world of credit, collections and debt buying and particularly to your specific businesses. Since then, Ive had the pleasure of...

A Busy Q4 for European Agencies, Debt Buyers.
February 1, 2008... By expanding into new markets, landing new clients and buying portfolios, receivables management firms and debt buyers in the European Union kept active during the final quarter of 2008. Debt buyer and collector Aktiv Kapital, Oslo, Norway,...

Health Care Spending Surges Ahead.
February 1, 2008... National health care spending is on the rise, with the U.S. economy expected to spend $1 trillion or more over the next few years, two reports released in December confirmed. Hospitals charged insurers and patients approximately $873...

Industry Briefs.
February 1, 2008... NCO Group Inc., Horsham, Pa., has agreed to acquire Outsourcing Solutions Inc., Chesterfield, Mo., for $325 million. NCO expects to close the deal in the first quarter. One Equity Partners will provide NCO with a portion of the needed funding...

In the Line of FIRE: In the wake of the subprime debacle, debt prices are falling, credit managers are adjusting risk strategies, and commercial collectors are waiting for the blow to hit.
February 1, 2008... As the subprime mortgage mess ripples though the economy, debt buyers and commercial collectors are preparing for a rough ride as indications grow that the outlook is not so rosy. Credit managers are re-evaluating their risk tolerance...

Top 5 Women in Collections.
February 1, 2008... Traditionally, men dominated the collections and debt-buying worlds. Finding women in leadership roles was a rare thing. As Collections & Credit Risks second annual Top Five Women in Collections research makes clear, this is no longer true....

All Quiet on the Federal Front: Look for state legislators to pick up any slack while the federal government waits out the presidential election.
February 1, 2008... History tells us that federal lawmakers keep relatively quiet in a presidential election year, waiting to see who will regain or retain power. In the collection industry, many insiders expect to see a similar legislative restraint in 2008. ...

Land Of Confusion.(Association of Credit and Collection Professionals)(Brief article)
February 1, 2008... State regulations governing the conduct of collection agencies often overlap, making compliance costly and complicated. Many states have enacted legislation that supplants the federal Fair Debt Collection Practices Act, says Rozanne Andersen,...

How to Weather a Tough Economy.
February 1, 2008... With predictions of A recession falling off the lips of experts, executives across all industries are seeking strategies to survive the storm. Two prominent economists in December predicted the United States likely will face a recession in...

Putting Performance On the Line: NRA Group built revenue and gained client trust with a mix of online technology improvements and attention to customer service.(Company overview)
February 1, 2008... Seeking an edge in an increasingly competitive collections world, NRA Group, a Harrisburg, Pa.-based health care collection specialist, hatched a plan to build its online reporting technology and grant clients immediate access to review the...

Advertising and Service Contacts for Collections & Credit Risk and Credit & Collections World.(Directory)(Brief article)
February 1, 2008... Advertising Associate Publisher Brenda Schultheis 550 West Van Buren, Suite 1100 Chicago, Illinois 60607 Brenda.Schultheissourcemedia.com (847) 251-1588 Fax: (847) 251-0887 Advertising Sales Manager ...