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Search Results for "AFNI"
Results in News (11) Sorted by date
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(12/09/08) Court Rules Against Debt Collector in Cell Phone Collection Case A federal appeals court ruled Monday that debt collection agency On Monday, the appellate court upheld Callahan’s ruling, saying that Afni’s charges amounted to 15 percent of the total owed. Afni was not acting as a third party collector on the debt, according to the original Callahan ruling.
(12/09/08) Court Rules Against Debt Collector in Cell Phone Collection Case A federal appeals court ruled Monday that debt collection agency On Monday, the appellate court upheld Callahan’s ruling, saying that Afni’s charges amounted to 15 percent of the total owed. Afni was not acting as a third party collector on the debt, according to the original Callahan ruling.
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(07/16/08) Minnesota Attorney General Files Suit Against Debt Collection Agency Minnesota Attorney General Lori Swanson announced Tuesday that her office had filed a lawsuit against a collection agency she says failed to “adequately verify the validity of debts” the company was collecting. Swanson said in a press release that her office has filed a suit in Hennepin County (Minn.) District Court against Bloomington, Ill.-based accounts receivable management firm Afni, Inc.<...
(07/16/08) Minnesota Attorney General Files Suit Against Debt Collection Agency Minnesota Attorney General Lori Swanson announced Tuesday that her office had filed a lawsuit against a collection agency she says failed to “adequately verify the validity of debts” the company was collecting. Swanson said in a press release that her office has filed a suit in Hennepin County (Minn.) District Court against Bloomington, Ill.-based accounts receivable management firm Afni, Inc.<...
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(08/24/07) Collector Afni Expanding in Arizona, Adding 350 Jobs Call center operator and collection provider Afni, Inc. announced Thursday that it is building a new call center in Tucson, Ariz. and will expand another office in the city. In 2006, Afni opened a new call center in San Antonio, Texas, expanded its call center in Bowling Green, Ky., and bulked up its Tucson offices...
(08/24/07) Collector Afni Expanding in Arizona, Adding 350 Jobs Call center operator and collection provider Afni, Inc. announced Thursday that it is building a new call center in Tucson, Ariz. and will expand another office in the city. In 2006, Afni opened a new call center in San Antonio, Texas, expanded its call center in Bowling Green, Ky., and bulked up its Tucson offices...
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(05/25/07) Technology Leaders Pen Open Letter to Collection Industry The Board of Advisors of Collection Technology magazine released an open letter to the ARM industry yesterday imploring decision makers at collection agencies to take a more proactive approach to data security. We believe there is merit to the pursuit of security certification, such as ISO 17799 and SAS 70. Furthermore, we believe that collection companies should consider the requirements of standard, client-security audits...
(05/25/07) Technology Leaders Pen Open Letter to Collection Industry The Board of Advisors of Collection Technology magazine released an open letter to the ARM industry yesterday imploring decision makers at collection agencies to take a more proactive approach to data security. We believe there is merit to the pursuit of security certification, such as ISO 17799 and SAS 70. Furthermore, we believe that collection companies should consider the requirements of standard, client-security audits...
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(04/18/07) SoundBite Files for Initial Public Offering Looking to go public, Soundbite has filed to raise $69 million. This would make Soundbite the second major IPO in the collections-technology industry after Debt Resolve Inc. raised $12.5 million for its foray into trading on the American Stock Exchange in November of last year. SoundBite stated that it plans to use the money raised to repay its $3.54 million in debt.
(04/18/07) SoundBite Files for Initial Public Offering Looking to go public, Soundbite has filed to raise $69 million. This would make Soundbite the second major IPO in the collections-technology industry after Debt Resolve Inc. raised $12.5 million for its foray into trading on the American Stock Exchange in November of last year. SoundBite stated that it plans to use the money raised to repay its $3.54 million in debt.
Results in Analysis (1) Sorted by relevance
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Expert Roundtable: Debt Purchasing for Collection Agencies
(10/25/06) Patrick Lunsford: What advice would you give to collection agencies seeking to purchase debt for the first time? Patrick Lunsford: Should collection agencies approach their current clients for debt purchasing opportunities? Patrick Lunsford: What financing options exist for collection agencies that are interested in purchasing debt?
(10/25/06) Patrick Lunsford: What advice would you give to collection agencies seeking to purchase debt for the first time? Patrick Lunsford: Should collection agencies approach their current clients for debt purchasing opportunities? Patrick Lunsford: What financing options exist for collection agencies that are interested in purchasing debt?
Results in Research (5) Sorted by relevance
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Global Debt Buying Report - Chapter 9: Telecommunications Receivables in the U.S. 
(03/15/06) Global Debt Buying Report - Telecommunications Receivables in the U.S. Especially among larger debt buying companies looking for diversified portfolios of distressed debt, delinquent telecommunications debt has become increasingly popular in recent years. Expected Returns of Credit Card and Telecom Paper Comparable The expected returns of companies purchasing and collecting telecommunications paper are generally comparable to the return expectations...
(03/15/06) Global Debt Buying Report - Telecommunications Receivables in the U.S. Especially among larger debt buying companies looking for diversified portfolios of distressed debt, delinquent telecommunications debt has become increasingly popular in recent years. Expected Returns of Credit Card and Telecom Paper Comparable The expected returns of companies purchasing and collecting telecommunications paper are generally comparable to the return expectations...
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Global Debt Buying Report - Chapter 26: Outlook on Market Threats
(03/15/06) Many Debt Buyers Perceive Regulatory ThreatsMany debt buyers consider the potential of increased government intervention the greatest risk to the growth of the debt buying market. Competitive Threats within the Debt Buying MarketWhile all debt buyers agree that regulatory changes pose some risk to the market, many believe that the greatest threat to the debt buying market is internal. --PAGEBREAK--><...
(03/15/06) Many Debt Buyers Perceive Regulatory ThreatsMany debt buyers consider the potential of increased government intervention the greatest risk to the growth of the debt buying market. Competitive Threats within the Debt Buying MarketWhile all debt buyers agree that regulatory changes pose some risk to the market, many believe that the greatest threat to the debt buying market is internal. --PAGEBREAK--><...
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Global Debt Buying Report - Chapter 23: Outlook on Pricing
(03/15/06) Global Debt Buying Report - Outlook on Pricing The dramatic price increases that took place between 2000 and 2005 have left many debt buyers wondering what the market will bear in the future. Some Predict Price Declines in the Near Future Many industry leaders expect the prices of debt portfolios to soften. Fewer Suggest Continued Increases in Price A smaller number of debt buyers see pricing in the market ...
(03/15/06) Global Debt Buying Report - Outlook on Pricing The dramatic price increases that took place between 2000 and 2005 have left many debt buyers wondering what the market will bear in the future. Some Predict Price Declines in the Near Future Many industry leaders expect the prices of debt portfolios to soften. Fewer Suggest Continued Increases in Price A smaller number of debt buyers see pricing in the market ...
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Kaulkin Report, 6th Edition - Chapter 7: Debt Buying
(04/15/05) As a result, a number of companies are considering or have made their first purchases of debt portfolios in recent years, driving up both the prices of debt portfolios and the size of the debt buying market. Important and sizable parts of the debt buying market are not included in these calculations: As the prices of debt portfolios have increased in recent years, many debt buyers have resold debt portfolios. --PAGEBREAK--> Face Value of Debt Exchanged</...
(04/15/05) As a result, a number of companies are considering or have made their first purchases of debt portfolios in recent years, driving up both the prices of debt portfolios and the size of the debt buying market. Important and sizable parts of the debt buying market are not included in these calculations: As the prices of debt portfolios have increased in recent years, many debt buyers have resold debt portfolios. --PAGEBREAK--> Face Value of Debt Exchanged</...
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Kaulkin Report, 6th Edition - Chapter 5: Legal Framework
(03/15/06) --PAGEBREAK--> Federal Debt Collection Practices Act The Fair Debt Collection Practices Act (FDCPA) regulates the way in which debt is collected from consumers. --PAGEBREAK-->Telephone Consumer Protection Act The Telephone Consumer Protection Act (TCPA) regulates the use of automatic dialers, including the predictive dialers widely used by collection agencies to ...
(03/15/06) --PAGEBREAK--> Federal Debt Collection Practices Act The Fair Debt Collection Practices Act (FDCPA) regulates the way in which debt is collected from consumers. --PAGEBREAK-->Telephone Consumer Protection Act The Telephone Consumer Protection Act (TCPA) regulates the use of automatic dialers, including the predictive dialers widely used by collection agencies to ...
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