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The Louisiana Recovery Authority (LRA) was the governmental body created in the aftermath of hurricanes Katrina and Rita by Governor Kathleen Blanco to plan for the recovery and rebuilding of Louisiana. Under the leadership of the founding executive director, Andy Kopplin, the authority's mission was to plan for Louisiana's future, coordinate ...
U.S. state laws on fair debt collection generally fall into two categories: laws which require persons who are collecting debts from consumers to be licensed, registered or bonded in order to collect from consumers in their states, and laws that protect consumers from specific unfair practices by debt collectors, which may include collection agencies and sometimes original creditors. [2]
The plan was conceived to guide the state of Louisiana and its citizens on a "bold new course" through the state's recovery from Katrina and Rita and "into a safer, stronger, smarter future". [ 1 ] The plan represented 18 months of work facilitated by some of the top planners in Louisiana and the United States, taking in input from 23,000 ...
Tell us one of the following to get started: Sign-in email address or mobile number; Recovery phone number; Recovery email address
PRA Group was founded as Portfolio Recovery Associates, LLC in March 1996 by Kevin Stevenson and Steve Fredrickson, who worked previously in collections at Household Finance. [3] With a staff of four in Norfolk, Virginia, the company began to purchase debt in May 1996. [ 7 ]
Paul W. Rainwater is an American former local and state government official from Louisiana who served as an aide to Governor Bobby Jindal and played a prominent role in Louisiana during its recovery from Hurricanes Katrina, Rita, Gustav, and Ike and the recovery of the state from the 2010 British Petroleum Oil Spill.
A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own, utilize ...
A collection agency is a third-party agency, called such because such agencies were not a party to the original contract. The creditor assigns accounts directly to such an agency on a contingency-fee basis, which usually initially costs nothing to the creditor or merchant, except for the cost of communications.