Debt collection

INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims Against Encore Capital Group, Inc.

Friday, October 23, 2020 - 11:27pm

NEW YORK, Oct. 23, 2020 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Encore Capital Group, Inc. (Encore or the Company) (NASDAQ: ECPG ).

Key Points: 
  • NEW YORK, Oct. 23, 2020 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Encore Capital Group, Inc. (Encore or the Company) (NASDAQ: ECPG ).
  • The investigation focuses on the Companys possible violations of federal securities laws.
  • On this news, the price of Encore shares declined by $3.59 (or 7.80%) to close at $42.29 on September 9, 2020.
  • Kirby McInerney LLP is a New York-based plaintiffs law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.

United States Debt Collection Software Market Report 2020: Forecast to 2025 & Cumulative Impact of COVID-19 - ResearchAndMarkets.com

Thursday, October 22, 2020 - 2:28pm

The "Debt Collection Software Market Research Report by Services, by End User, by Deployment - United States Forecast to 2025 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Debt Collection Software Market Research Report by Services, by End User, by Deployment - United States Forecast to 2025 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
  • The United States Debt Collection Software Market is projected to grow with a significant CAGR in the forecast period.
  • Besides, the qualitative and quantitative parameters provided in the report with detailed analysis highlights the driving and restraining factors of the United States Debt Collection Software Market.
  • What are the inhibiting factors and impact of COVID-19 shaping the United States Debt Collection Software Market during the forecast period?

COVID-19 Impacts and Actionable Research: Credit Collection and Collection Agency Services Market Analysis, Trends, and Forecasts, 2019-2024 by SpendEdge

Sunday, October 18, 2020 - 3:15pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20201018005035/en/
    SpendEdge has announced the release of its Global Credit Collection and Collection Agency Market Procurement Intelligence Report (Graphic: Business Wire)
    Various end-user sectors are exhibiting their growing demand for express delivery of products which is fuelling spend growth in the Credit Collection and Collection Agency Services market.
  • Request free sample pages
    Top Spending Regions in the Credit Collection and Collection Agency Services Market:
    According to the spend share and forecasts, APAC and Europe will be the leading regions in the Credit Collection and Collection Agency Services market.
  • In the Credit Collection and Collection Agency Services market, service providers prefer to their services based on seasonal demand.
  • Some of the top Credit Collection and Collection Agency Services suppliers listed in this report:
    This Credit Collection and Collection Agency Services procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

PRA Group to Announce Third Quarter 2020 Results on Nov. 5

Thursday, October 15, 2020 - 9:05pm

NORFOLK, Va., Oct. 15, 2020 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2020 results after market close on Thursday, Nov. 5, 2020, followed by a webcast and conference call at 5 p.m. E.T.

Key Points: 
  • NORFOLK, Va., Oct. 15, 2020 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2020 results after market close on Thursday, Nov. 5, 2020, followed by a webcast and conference call at 5 p.m. E.T.
  • The Company is also announcing that it currently plans to report fourth quarter 2020 results after market close on Feb. 25, 2021.
  • As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers in the Americas and Europe.
  • With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt.

SilverBow Resources Schedules Third Quarter 2020 Earnings Release and Conference Call

Thursday, October 15, 2020 - 9:05pm

A replay will be available approximately two hours after the call through Thursday, November 26, 2020 at 10:59 p.m. Central Time (11:59 p.m. Eastern Time).

Key Points: 
  • A replay will be available approximately two hours after the call through Thursday, November 26, 2020 at 10:59 p.m. Central Time (11:59 p.m. Eastern Time).
  • The replay may be accessed by dialing 1-800-585-8367 or 1-416-621-4642, and referencing the Conference ID: 5165505.
  • SilverBow Resources, Inc. (NYSE: SBOW) is a Houston-based energy company actively engaged in the exploration, development, and production of oil and gas in the Eagle Ford Shale in South Texas.
  • For more information, please visit www.sbow.com .

FTC Acts to Shut Down Unlawful Debt Collection Operation

Thursday, October 15, 2020 - 10:00pm

In many cases, the defendants were attempting to collect on so-called phantom debtdebts that either were never owedor debts that were no longer owed.

Key Points: 
  • In many cases, the defendants were attempting to collect on so-called phantom debtdebts that either were never owedor debts that were no longer owed.
  • The case was brought as part of the Operation Corrupt Collector law enforcement sweep.
  • The defendants also refused to provide information about the alleged debts as required under the Fair Debt Collection Practices Act (FDCPA).
  • The complaint charges that Critical Resolution Mediation LLC, Parliament Services LLC, and Brian Charles McKenzie violated both the FTC Act and the FDCPA.

FTC Acts to Shut Down Unlawful Debt Collection Operation

Thursday, October 15, 2020 - 10:00pm

In many cases, the defendants were attempting to collect on so-called phantom debtdebts that either were never owedor debts that were no longer owed.

Key Points: 
  • In many cases, the defendants were attempting to collect on so-called phantom debtdebts that either were never owedor debts that were no longer owed.
  • The case was brought as part of the Operation Corrupt Collector law enforcement sweep.
  • The defendants also refused to provide information about the alleged debts as required under the Fair Debt Collection Practices Act (FDCPA).
  • The complaint charges that Critical Resolution Mediation LLC, Parliament Services LLC, and Brian Charles McKenzie violated both the FTC Act and the FDCPA.

Credit Card Collection Systems: Four Risk Management Tools

Thursday, October 15, 2020 - 7:00pm

BOSTON, Oct. 15, 2020 /PRNewswire-PRWeb/ --Mercator Advisory Group released a review of top credit card system providers titled Consumer Debt Collection Software: Vendor Assessment .

Key Points: 
  • BOSTON, Oct. 15, 2020 /PRNewswire-PRWeb/ --Mercator Advisory Group released a review of top credit card system providers titled Consumer Debt Collection Software: Vendor Assessment .
  • These four players are well established in supporting the credit card function and can fill the requirements for a wide range of credit card platforms, whether operated on-premise, through the cloud, or with a platform service provider.
  • "Collection systems must accomplish three broad goals: They need to support operational analytics, so the business knows where it is going and where it should be.
  • Riley adds that, "the power in collection systems centers on the user's ability to work the controls and drive the technology.

PRA Group Launches Financial Literacy Partnership with West Virginia University

Wednesday, October 14, 2020 - 3:00pm

NORFOLK, Va., Oct. 14, 2020 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced a $210,000 donation to advance financial literacy efforts at West Virginia University (WVU).

Key Points: 
  • NORFOLK, Va., Oct. 14, 2020 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced a $210,000 donation to advance financial literacy efforts at West Virginia University (WVU).
  • The first seminar, held virtually on October 14-15, 2020, will include community leaders representing all 55 West Virginia counties.
  • "We were compelled to support WVU's efforts once we learned there was a clear need to expand access to financial education programming in West Virginia," said Kevin Stevenson, president and chief executive officer of PRA Group.
  • "This partnership aligns with PRA Group's values and belief that we have a responsibility to enhance the broader conversation around financial literacy as we support consumers with making strong decisions on their path to financial healing.

Available now: The 14th edition of the International Debt Collections Handbook by Atradius Collections

Wednesday, October 14, 2020 - 6:00am

The International Debt Collections Handbook is a must-read for international businesses to improve their collections amid uncertainties.

Key Points: 
  • The International Debt Collections Handbook is a must-read for international businesses to improve their collections amid uncertainties.
  • Now multinationals can use the International Debt Collections Handbook to guide them through different debt collections approaches in 50 countries.
  • "Our lawyers and collectors have shared a great deal of their expertise and experience in the International Debt Collections Handbook.
  • Download your copy of the 14th edition of the International Debt Collections Handbook here: https://atradiuscollections.com/global/publications/international-debt-c...
    Through a presence in 33 countries, Atradius Collections provides commercial debt collections services in 96% of the countries across the world.