Thursday, March 22, 2012




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National Asset Recovery Services, Inc. (NARS) Celebrates 17 Years in Business

by Collection Agency Software

St. Louis – National Asset Recovery Services, Inc. (NARS), was founded in St. Louis, Missouri on October 15, 1993 by Christopher Buehrle, Gerald Shapiro and David Kreisman. Today marks the 17th anniversary of the company and reaching this milestone is a true testament to the NARS family of employees, which now number in the thousands [...]

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Leaving Voicemail Messages: Ninth Circuit May Resolve the Foti Issue

by Collection Agency Software

Debt collectors who have struggled to formulate what voicemail message, if any, to leave for consumers may be receiving guidance on the issue if the Ninth Circuit Court of Appeals decides to grant the petition that was filed on August 9, 2010 in the case of Koby v. ARS National Service, Inc, 2010 WL 1438763 [...]

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Fraudulent Collection Companies Harassing Payday Loan Customers

by Collection Agency Software

According to PaydayLoan-Blog.com, a reliable payday loan resource blog, many online payday lenders are claiming that their customers are being pursued by illegitimate/ fraudulent collection agencies. They claim to represent various lenders attempting to collect money from them, in an aggressive & threatening manner. Some customers are even ones who are current with their loans [...]

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Collectors Receive Clarification on New York City ARM Rules

by Collection Agency Software

In the spring of 2009, the New York City Council passed Local Law No. 15, which significantly amended licensing and debt collection requirements for debt collectors and asset buyers operating in New York City. The Department of Consumer Affairs subsequently issued proposed rules implementing Local Law No. 15. The rules went into effect April 24, [...]

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