Katabat

AUGUST 5, 2020

The investment provides Katabat with significant resources to expand and enhance its industry-leading suite of debt collection products. Katabat partners with lenders and collectors across multiple industries to stay at the cutting edge of debt management, machine learning, automation, regulatory compliance, and data security.

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Debt Management Collection Agencies Collections Agency Acquisition 52

Better Credit Blog

AUGUST 21, 2020

If you have failed to pay a bill, you may begin to hear from a collection agency known as Radius Global Solutions. This means that Radius Global Solutions has acquired your debt from the original creditor and has opened a collection account on your credit report. What is Radius Global Solutions?

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Troutman Sanders

JUNE 14, 2023

The bill exempts certain accounts that originate in the Department of Revenue from the general requirement to assign liquidated and delinquent accounts to a private collection agency within one year of the most recent payment on the account. On June 7, Oregon Governor Tina Kotek signed SB 981 into law. For more information, click here.

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Financial services Financial Institution Student loans Student Loans 52

Better Credit Blog

AUGUST 22, 2020

CCS Offices, is a medium-sized debt collection agency headquartered in Norwood, MA. They were founded in 1969 in Delaware and make their money by collecting debts on behalf of creditors or by purchasing debts from creditors. Unfortunately, CCS Offices is not popular among their customers. Get a FREE Copy of Your Credit Report.

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Debt collector Creditors Original Creditor Collection Agencies 53

Troutman Sanders

FEBRUARY 22, 2021

The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S. State Activities: On March 1, private and federal student loan servicers practicing in Virginia can begin applying for licenses through the Nationwide Mortgage Licensing System. For more information, click here.

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Financial services Student loans Student Loans Financial Institution 52

Troutman Sanders

MAY 5, 2022

On May 2, the Consumer Financial Protection Bureau (CFPB or Bureau) released its Supervisory Highlights report on legal violations discovered during examinations in the second half of 2021. The CFPB reports that this seems to happen most often with creditors’ acquisitions of pre-existing credit card accounts from other creditors.

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Collection Industry News

MAY 9, 2022

On May 2, the Consumer Financial Protection Bureau (CFPB or Bureau) released its Supervisory Highlights report on legal violations discovered during examinations in the second half of 2021. The CFPB reports that this seems to happen most often with creditors’ acquisitions of pre-existing credit card accounts from other creditors.

Financial Institution 40

Financial Institution Repossession Debt collector Student loans 40

Fico Collections

MAY 19, 2021

From banks to telcos to debt collection agencies, what looks like unrecoverable bad debt may in fact be first-party fraud. For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. What Is First-Party Fraud? by Matt Cox.

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Collection Agencies Collections Agency Banks Financial services 52

Troutman Sanders

JUNE 1, 2021

Department of Education, announced that the department will reverse a policy put in place during the Trump administration that blocked state and federal regulators from accessing records needed to investigate student loan lenders, servicers, and private collection agencies. For more information, click here. On May 27, U.S.

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Financial services Government Foreclosure Loans 52