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JaywingDMG first to market with cost-saving Digital Collections
Monday, 22 June 2009

JaywingDMG, the credit risk, fraud and marketing specialist, is launching Digital Collections, a unique proposition which will improve the efficiency of pre-delinquency and collections activities within financial services.

IMLA Responds to Today’s FSA Statement on Specialist Lenders
Monday, 22 June 2009

Today’s FSA release on the second phase of its work on arrears and possessions and the role of service providers and currently inactive specialist lenders has identified some continuing weaknesses in the sector - albeit drawn from a small sample of firms.

FSA refers firms to enforcement in clampdown on poor mortgage arrears handling
Monday, 22 June 2009

The latest review from the Financial Services Authority (FSA) has found continued weaknesses in the way specialist lending firms and third party administrators are handling mortgage arrears and repossessions.

CCUA - 21 years of talking but still the message does not get through
Monday, 22 June 2009

The Civil Court Users Association (CCUA) expressed their disappointment at the increases in court fees announced on Thursday.

whitehot property launches roadshows to support lenders’ repossession sales
Friday, 19 June 2009, the UK’s only website that exclusively sells chain-free properties from corporate vendors (repossessions, probate, etc), is launching a series of roadshows in July in Nottingham to help promote their benefits to consumers and help lenders sell more stock.

Baines and Ernst become members of the Debt Managers Standards Association (DEMSA).
Friday, 19 June 2009

Baines and Ernst Limited, part of the Paymex Group, have recently become members of the Debt Managers Standards Association (DEMSA), the only debt management trade association which has accreditation under the Office of Fair Trading Consumer Codes Approval Scheme (CCAS).

Genesys UC Connect to integrate with IBM, Microsoft and Alcatel-Lucent
Wednesday, 17 June 2009

Genesys, an Alcatel-Lucent company (Euronext Paris and NYSE: ALU), has taken a major step in bringing unified communication (UC) to the contact centre environment through the launch of UC Connect – a product initiative designed to foster integration and interoperability between the Genesys Customer Interaction Management (CIM) software platform and UC solutions from many of the major providers in the industry.

Numbers Seeking Free Debt Advice Soars
Wednesday, 17 June 2009

ClearStart is expecting an increase in the number of people seeking fee free debt advice after letting debts spiral out of control.  This follows data released from the Citizens Advice Bureau (CAB), from April 2008-March 2009 the Citizens Advice service saw 1.93 million new debt problems advised on, an 11% increase on 2007/8.

Insolvency regime reform: CVA extension welcomed but rights of secured creditors flagged
Tuesday, 16 June 2009

Commenting on last night's announcement by the Insolvency Service that it has opened up consultation on proposed reforms to the insolvency regime, Richard Heis, restructuring partner at KPMG, said:

Website marketing most important factor for lenders when selling repossessions
Tuesday, 16 June 2009

Research from the, the UK’s only website that exclusively sells properties from corporate vendors, has revealed that ‘website marketing’ is the most important factor for lenders when choosing an asset manager to sell repossessed properties.

New ownership for Drydens
Monday, 15 June 2009

Drydens, the specialist debt litigation law firm, has been purchased by lawyer and licensed insolvency practitioner Philip Holden for an undisclosed figure after reporting its sixth consecutive year of growth.

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