General News

Troy, Mich., (June 17, 2019) – TECH LOCK and HoganTaylor are pleased to announce a partnership agreement to provide SOC 2 audits to TECH LOCK clients. “Our team is excited to leverage the capabilities and skill sets of both organizations to benefit our clients through an expanded service offering,” said Brian McManamon, …

Buffalo, New York-June 19, 2019-Northwood Asset Management Group announces a donation to Stop Abuse in support of their efforts to teach children how to recognize and prevent child sexual abuse.  “Our donation is grounded in the shared belief that nothing is more important than the safety of our children,” says Andrew …

As consumers, we are inundated with agreements. Visiting websites, signing up for new services, or often just updates to things we have bought or signed up for in the past, we are asked to agree to a lot of different provisions. But who takes the time to read all of …

The collection agency that was involved in a data breach that compromised the personal and financial information of more than 20 million individuals has filed for bankruptcy protection, saying it could not afford the expenses of dealing with the breach’s fallout. A copy of the company’s bankruptcy filing from the …

It can be very easy for collection agencies to get bogged down in what is known as “analysis paralysis” when attempting to figure out the productivity of collectors, because there are so many different data points and variables that can be factored into an equation. But just because there are …

Congress has approved a bill that will change the type of unpaid income tax debts that can be placed with private collection agencies. Both the House of Representatives and the Senate last week passed votes on the Taxpayer First Act, which includes a series of reforms at the Internal Revenue …

Sen. Elizabeth Warren [D-Mass.] and Rep. James Clyburn [D-S.C.], are planning to introduce legislation in both the House of Representatives and Senate to eliminate $50,000 of student loan debt for all Americans, which would cancel the student loan debt for 75% of borrowers, according to a release from both lawmakers. …

Nobody loves a good analogy more than I do. They are wonderful tools to help you make a point by using real-world examples that others can relate to. But I’m wondering if an analogy used by Ajit Pai, the chairman of the Federal Communications Commission, may have missed the mark. …

One-tenth of the way though her five-year term, Kathy Kraninger, the Director of the Consumer Financial Protection Bureau is taking her first victory lap, in the form of a press release touting what the agency has accomplished during her first six months on the job. The list of accomplishments and …

June 11, 2019, ATLANTA, GA –FLOCK Specialty Finance announces the appointment of Reid Simpson, former CFO of Asset Acceptance, to its Board of Directors. Simpson will work with the leadership team to support the Company’s continued growth and advise FLOCK on its capital raising strategy and investment decisions.  “Reid is …