General News

The Internal Revenue Service is planning on doubling the number of employees dedicated to its program of outsourcing debts to four private collection agencies during the 202 fiscal year, which begins Oct. 1, according to a report released yesterday by Sen. Chuck Grassley [R-Iowa], the chairman of the Senate Finance …

The Northeast Debt Collection Expo heads to Atlantic City again! This 13-state conference kicks off September 15 at Bally’s, offering timely, informative sessions on hot legal issues, the CFPB, and more. The event, Sept. 15-17, is hosted by the New York, Mid-Atlantic, New Jersey, and New England units, and open …

Buffalo, NY, July 9, 2019- National Debt Holdings today announced a $5000.00 donation to the John R. Oishei Children’s Hospital in Buffalo, New York. This generous donation is part of the Company’s Corporate Charitable Giving Program and will help to provide important services to Western New York’s chronically ill children …

There has been a significant spike in the number of comments filed sharing opinions in the Notice of Proposed Rulemaking related to debt collection practices from the Consumer Financial Protection Bureau. About 800 new comments have come in during the past 24 hours, bringing the total number of comments to …

I’ve had a couple people reach out to me in the past few days, sharing a link to an article that was published in The Wall Street Journal pronouncing that “debt collectors are making a comeback” because they are filing more lawsuits and because consumer advocates say collectors are using …

Working as a debt collector turned a journalist’s heart into “a cold, hard stone,” she says in a recounting of her time at a collection agency in Australia. The stories, the insults, and the lies “desensitized” her to the point where she lost her empathy for the individuals on the …

The individual working in the White House who earns the most money is the director of communications from the Consumer Financial Protection Bureau, who is acting as a senior advisor to Mick Mulvaney, President Trump’s acting chief of staff. John Czwartacki was detailed to the White House from the CFPB …

To be honest, I didn’t think this article was going to yield anything incredibly noteworthy, but it is the day after a holiday, and a Friday, so it’s not exactly the busiest news day of the year, so I read it all the way through. And was it worth it. …

JACKSONVILLE, FLORIDA – (07/03/2019) – Valor intelligent Processing, LLC, also known as VIP, opened in Jacksonville, FL Monday, July 3rd, 2019. VIP is a modern era Accounts Receivable Management (ARM) Firm led by industry veteran Gordon C. Beck III, President and Chief Operating Officer.  VIP has made several key technology …

SAN JOSE, Calif. — July 1, 2019 — Today, FICO announced that Valor Intelligent Processing (VIP), a Jacksonville, Fl.-based modern era digital financial support services accounts receivable management (ARM) agency, led by industry veteran Gordon C. Beck III, adopted FICO® Debt ManagerTM to deliver the next generation of financial services support and debt …