Debt collection

Evolving Gold settles Debt

Retrieved on: 
Tuesday, February 9, 2021

VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Evolving Gold Corp. (CSE: EVG) (FSE: EV71) (OTCB: EVOGF) (the Company or EVG) announces that it has entered into an agreement to settle $67,380 of debt owing to a single creditor, through the issuance of 147,616 common shares.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Evolving Gold Corp. (CSE: EVG) (FSE: EV71) (OTCB: EVOGF) (the Company or EVG) announces that it has entered into an agreement to settle $67,380 of debt owing to a single creditor, through the issuance of 147,616 common shares.
  • All shares will be subject to a four month hold period from the date of issuance.

Beware of Parked Debts on Your Credit Report

Retrieved on: 
Tuesday, February 9, 2021

Since debt parking involves collectors covertly placing debts on your credit report, catching this sneaky tactic means being more diligent about monitoring your credit.

Key Points: 
  • Since debt parking involves collectors covertly placing debts on your credit report, catching this sneaky tactic means being more diligent about monitoring your credit.
  • Collection accounts have a big impact on your credit, and your FICO Score can tumble if a new one is added to your credit report.
  • A significant drop in your score is a sign to inspect your credit report closer for suspicious accounts.
  • The Fair Credit Reporting Act gives you the right to dispute inaccurate information that appears on your credit report.

PRA Group to Announce Fourth Quarter and Full Year 2020 Results on Feb. 25

Retrieved on: 
Thursday, February 4, 2021

To listen to PRA Group's webcast and view the corresponding slides, visit https://ir.pragroup.com/events-and-presentations .

Key Points: 
  • To listen to PRA Group's webcast and view the corresponding slides, visit https://ir.pragroup.com/events-and-presentations .
  • To listen by phone on Feb. 25, call 844-835-9982 in the U.S. or 412-317-5267 outside the U.S. and ask for the PRA Group conference call.
  • The Company is also announcing that it currently plans to report first quarter 2021 results after market close on May 6, 2021.
  • With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt.

Encore Capital Group to Announce Fourth Quarter and Full Year 2020 Financial Results on February 24

Retrieved on: 
Wednesday, January 27, 2021

SAN DIEGO, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter and full year 2020 on Wednesday, February 24, 2021, after the market closes.

Key Points: 
  • SAN DIEGO, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter and full year 2020 on Wednesday, February 24, 2021, after the market closes.
  • Members of the public are invited to access the live webcast via the Internet by logging in on the Investor Relations page of Encore's website at www.encorecapital.com .
  • Encore Capital Group is an international specialty finance company that provides debt recovery solutions and other related services across a broad range of financial assets.
  • Through its subsidiaries around the globe, Encore purchases or services portfolios of receivables from major banks, credit unions and utility providers.

GM Law Firm Continues To Prevail In The Fight Against Consumer Debt

Retrieved on: 
Tuesday, January 26, 2021

Many of those who endure a debt crisis also encounter the debilitating and often bullying tactics of debt collectors or, worse, face debt lawsuits.

Key Points: 
  • Many of those who endure a debt crisis also encounter the debilitating and often bullying tactics of debt collectors or, worse, face debt lawsuits.
  • For nearly 15 years, the GM Law Firm has successfully represented those who experience the financial burdens of debt.
  • GM Law Firm is a consumer advocacy law firm based in Boca Raton, Florida, that empowers clients battling credit card, private student loan and medical debt to fight for their rights and help negotiate a satisfactory debt resolution.
  • The experienced attorneys from the GM Law Firm also legally protect clients against harassing debt collectors and provide a customized strategy for debt defense.

One Equity Partners Acquires VASS Consultoria de Sistemas

Retrieved on: 
Wednesday, December 30, 2020

Partnership with Founder-Owned Company to Support Strategic Acquisitions, Accelerated Growth and Geographic Expansion

Key Points: 
  • Partnership with Founder-Owned Company to Support Strategic Acquisitions, Accelerated Growth and Geographic Expansion
    NEW YORK, Dec. 30, 2020 /PRNewswire/ -- One Equity Partners ("OEP"), a middle market private equity firm, today announced that it has completed the acquisition of VASS Consultora de Sistemas S.L.
  • ("VASS" or "the Company"), a leading European provider of digital transformation, cloud infrastructure and managed IT solutions.
  • "We are convinced that Vass is the perfect platform to execute a similar growth story in Spain and Latin America."
  • One Equity Partners ("OEP") is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe.

Red Stone Equity Partners expands company's racial and social justice efforts; Supports six high-quality groups across the country with $180,000 multi-year commitment; Expands internal company-wide diversity and inclusion activities

Retrieved on: 
Monday, December 21, 2020

Red Stone Equity conducts its business from the following six primary physical office locations: Boston, Charlotte, Chicago, Cleveland, New York and San Diego.

Key Points: 
  • Red Stone Equity conducts its business from the following six primary physical office locations: Boston, Charlotte, Chicago, Cleveland, New York and San Diego.
  • "At Red Stone Equity Partners, we have always been proud of the lasting and positive impact we make on the communities we serve.
  • "Today is an exciting day for Red Stone Equity," said Richard Roberts, Red Stone Equity's Chief Business Development Officer and chair of the company's internal Diversity and Inclusion Committee.
  • Red Stone Equity has offices in Boston, Charlotte, Chicago, Cleveland, New York, and San Diego.

RIP Medical Debt Receives Transformative Gift from Philanthropist MacKenzie Scott

Retrieved on: 
Tuesday, December 15, 2020

NEW YORK, Dec. 15, 2020 /PRNewswire/ -- RIP Medical Debt gratefully announces a $50 million gift from philanthropist MacKenzie Scott, the largest in the organization's history.

Key Points: 
  • NEW YORK, Dec. 15, 2020 /PRNewswire/ -- RIP Medical Debt gratefully announces a $50 million gift from philanthropist MacKenzie Scott, the largest in the organization's history.
  • This is a gamechanger for RIP Medical Debt, allowing us to move towards our goals in a greatly accelerated way," said Allison Sesso, RIP Medical Debt's executive director.
  • Since its founding in 2014, RIP Medical Debt has abolished more than $3 billion of medical debt for over 2 million Americans.
  • About RIP Medical Debt: Since being founded in 2014 by two former debt collectors, RIP Medical Debt has acquired, and abolished, more than $3 billion of oppressive medical debt, helping over 2 million individuals get out from under the burden of crushing medical debt.

$10 Million in Debt Forgiven by Ramsey Solutions for 8,000 People

Retrieved on: 
Monday, December 7, 2020

Dave Ramseys company, Ramsey Solutions, took on the debt of 8,000 people across the country a total of $10 million and completely forgave it.

Key Points: 
  • Dave Ramseys company, Ramsey Solutions, took on the debt of 8,000 people across the country a total of $10 million and completely forgave it.
  • But in an act of generosity, his company purchased $10 million of unpaid medical and car debt from two private debt collection companies, in order to forgive it.
  • Beginning Nov. 9, Dave and his 950 team members made phone calls to let the recipients know their debt had been forgiven.
  • To learn more about Ramsey Solutions $10 million debt payoff, visit www.daveramsey.com/forgiven .

FTC Stops Debt Collector’s Alleged “Debt Parking” Scheme, Requires it to Delete Debts it Placed on Consumers’ Credit Reports

Retrieved on: 
Monday, November 30, 2020

The Federal Trade Commission has taken actionagainst a debt collection company that allegedly placed bogus or highly questionable debts onto consumers credit reports to coerce them to pay the debts.

Key Points: 
  • The Federal Trade Commission has taken actionagainst a debt collection company that allegedly placed bogus or highly questionable debts onto consumers credit reports to coerce them to pay the debts.
  • The FTC allegedthat Midwest Recovery collected more than $24 million from consumers on such debts, largely by debt parking.
  • The defendants used this illegal debt parking to coerce people to pay debts they didnt owe or didnt recognize.
  • The settlement also requires Midwest Recovery and Tumber to contact credit reporting agencies and request all debts reported by the company be deleted from consumers credit reports.