Government Debt News

Collections & Recovery

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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UK Banks Fear Loss of Bad Debt Tax Relief

12 September 2006

Collection Agency Hit with Record Fine

12 September 2006

Metris Companies Merger with HSBC Not to be Derailed by SEC Investigation

12 September 2006

Government Site May Be Helping Phishers in IRS Scam

12 September 2006

State Passes Law to Regulate Payday Loans

12 September 2006

Fannie Mae Misclassified $6.7 bln of Loans in 2004

12 September 2006

U.S. Q3 GDP Revised Higher to 4.3%

12 September 2006

Consumer Spending Up, Jobless Claims Fall

12 September 2006

Embattled Norwegian Collection Agency Appeal Rejected

12 September 2006

New Home Sales Surge to Record High in October

12 September 2006

Minnesota Government Agency Picks Two Collection Firms

18 July 2006

Town Uses Friendly Collection Agency to get Back Taxes

27 June 2006

Additional Commentary on the Portfolio Recovery Associates Acquisition of AlaTax

31 July 2005

CAMCO Debt Auction Spectacle Nets Good Results

20 January 2005