Governments of all sizes and locations are owed money. In the U.S. federal government, citizens and businesses typically owe taxes, fines and fees. Consumers can also owe on federally-backed student loans, while businesses can owe on development loans. Several branches of the U.S. government have robust ARM operations, including the IRS and the Department of Education. On the state and local level, debts to the government can be too many to enumerate. From court fines and fees to sales tax to late parking tickets. An overwhelming majority of U.S. states, and thousands of municipal governments, have used private debt collectors to help recover their debts.
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Healthier Chinese Banks Wanted
12 September 2006
Freddie Mac Home Loan Portfolio Grows but so do Delinquencies
12 September 2006
State Attorney General Proposes Legislation to Curb Private Collection of Healthcare Debt
12 September 2006
Bank Group Wary of U.S. Retailer Credit Card Suit
12 September 2006
FDIC says Hearing likely on Wal-Mart Bank Bid
12 September 2006
IMX Wins Patent Trial Against LendingTree
12 September 2006
Arizona House Panel OKs New Consumer Loan
12 September 2006
Ocwen Facing Litigation Wave
12 September 2006
Supreme Court: States Can be Sued under Bankruptcy Law
12 September 2006
State Issues RFP Notice for Private Collection Services
12 September 2006
AmeriQuest to Pay $325 million in Settlement
12 September 2006
Debt Collection Industry Gets More Media Coverage
12 September 2006
UK Debt collectors to Go After $5.2 billion in Child Support
12 September 2006
Snow, White House Tout Economic Good Times
12 September 2006
U.S. Jobless Claims at Lowest Level Since April 2000
12 September 2006
U.S. Regulator Proposes New Credit Union Member Rule
12 September 2006
Greenspan Warns Senators of GSEs' Systemic Risk
12 September 2006
Court Upholds Ruling against Predatory Mortgage Loans to Black Home Buyers
12 September 2006
Small Business Administration (SBA) Approves $2.5 Billion Loans Since Hurricane Katrina
12 September 2006
Economic Data Point to a Soft Landing, for now
12 September 2006