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I just returned from the USOBA
Conference (United States Organizations for Bankruptcy Alternatives)
in Fort Lauderdale, Florida. The conference was particularly
interesting to those who are looking to get into the Debt
Negotiation Industry or looking to grow their business further.
Industry compliance and regulation updates were discussed in great
detail.
Since this industry is still relatively new, it
seems new laws are popping up every week. What I thought was very
interesting was, I saw a large amount of mortgage brokers who are
interested in getting into the debt industry. Newcomers to the
industry really seem eager to familiarize themselves with the
industry regulations so they can go about conducting their business
the right way. This time around, they seem to be extremely careful
not to find themselves in another mess similar to the mortgage fall
out.
Also attending the conference, were several lead
suppliers, back-end servicers and attorney networks. As the industry
continues to grow, more and more of these events will be organized
to allow us all to network with each other and keep up on the latest
regulations.
If you were unable to attend the conference and
have any questions regarding it, feel free to give me a call. I'd be
happy to share what I have learned. And as always, please contact me
directly if you have any questions about our Live Debt Transfers.
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Forbes |
| In the
children's book The Cat in the Hat Comes Back, the author Dr. Seuss
provides a cautionary tale of unintended consequences. The story
involves more than two dozen felines trying to clean up a pink mess
in a bathtub, but every time they get it off something, they get
more of it on something else. Full Story |
Dallas
News |
| In a recently
released study by the Commonwealth Fund, 45 percent of underinsured
consumers and 51 percent of uninsured consumers reported that they
were having difficulty paying bills, being contacted by collection
agencies for unpaid bills, or changing their way of life to pay
medical bills. Full Story |
Washington Times |
| When the
Republican Congress passed and President Bush signed the Bankruptcy
Abuse Prevention and Consumer Protection Act of 2005, supporters
hailed the measure as a victory for "personal responsibility." Full Story |
DP
website
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