Thu.Jul 18, 2024

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N.M. Judge Dismisses $4M Fraud Claim Against Collection Operations

Account Recovery

In a case that was defended by a number of industry attorneys, including David Grassi and Chad Echols of Frost Echols and Brendan Little of Lippes Mathias, a State Court judge in New Mexico has granted a motion to dismiss filed by the defendants — seven different collection operations — that were sued by a […]

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Council’s huge £12.4m Debt Collection Challenge

UK debt collections

Steps have been taken to claw back millions of pounds owed to Swansea Council after auditors warned that action was needed. At the end of January this year debtors owed the council £12.4 million, a council report said. This was money owed for upwards of one month, in some instances for more than a year, and in a small number of cases more than seven years – at which point the debt is written off.

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Discover Selling $10B Student Loan Portfolio to PE Firms

Account Recovery

Discover Financial Services has agreed to sell its private student loan portfolio to investment firms Carlyle Group and KKR for approximately $10.8 billion. Why it matters: This sale marks a significant step in Discover’s efforts to streamline its operations ahead of its pending $35.3 billion acquisition by Capital One.

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Working at Onguard: Meet Denise 

On Guard

It’s the year 2019 and Denise is saying farewell to her colleagues at Onguard. Her six-month internship, full of learning and fun moments, has come to an end, and she is ready for her new adventure: a student exchange programme abroad. “If you wish to come back, we’ll be waiting,” one of her closest colleagues told her. And guess what! She has been with Onguard for 6 years, she started as an intern to climb to an Event Manager, and she effectively shares her energy between two roles in the compa

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Appeals Court Affirms Dismissal of FCRA Suit

Account Recovery

The Court of Appeals for the Third Circuit has affirmed the dismissal of a Fair Credit Reporting Act suit after the plaintiff alleged the defendant reported inaccurate information on his credit report. Like the lower court, the Appeals Court determined each of the plaintiff’s arguments lacked merit.

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Daily Digest – July 18. Getting to Know Madison Vanderlip of Commercial Services Group; N.M. Judge Dismisses $4M Fraud Claim Against Collection Operations

Account Recovery

Getting to Know Madison Vanderlip of Commercial Services Group N.M.

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Getting to Know Madison Vanderlip of Commercial Services Group

Account Recovery

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support.