Kaulkin Ginsberg In the News

Members of our team are often quoted in the media. Here are some stories:

The Houston Chronicle
Realistic Profit in Judgment Recovery, May 2014

Judgment recovery means collecting the money awarded to the victor in a civil court case. Unfortunately, statistics on judgment recovery per se are hard to come by. In 2002, a collection agent's net fees averaged about $112,000 a year -- a figure researched and published by Kaulkin Ginsberg, a Maryland-based accounts receivable management advisory firm.

Bloomberg Businessweek
U.S. Consumer Bureau to Supervise Biggest Debt Collectors, October 24, 2012

The accounts-receivable industry had revenues of $17 billion in 2011, according to Kaulkin Ginsberg, a Rockville, Maryland-based consulting firm. In addition to collectors, the industry includes buyers, who purchase bad debt from creditors such as credit-card issuers. Debt collectors can be independent agents, employees of buyers or members of law firms.

The Daily Record
Mergers and acquistions: In search of certainty, October 18, 2012

Because most people are expecting severe budget cuts, buyers are only interested in firms that won’t end up as extra baggage, said Michael Lamm, a Director with Rockville-based Kaulkin Ginsberg, an M&A advisory firm for companies that outsource business services.
“If [Republican challenger Mitt] Romney wins, people are going to become more laid-back about whether their deals close or not,” Lamm said. “But if [President Barack] Obama wins, you’re going to see a mad rush to get them done in time.”

Jacksonville Business Journal
Stellar Recovery expects further growth in its debt collection business, September 28, 2012

Another key to Stellar Recovery's success, Lamm said, is the fact that it's a hybrid
company that both services debt and purchases debt, which is unusual in the industry.
Stellar Recovery has about $700 million in consumer Joan, cell phone and bank debt under
management.
"It's really difficult to grow in this environment," Lamm said of the industry, "especially if
most of your clients are still credit cards."

NY Times
PDF Icon Debt Collectors Cashing In on Student Loans, September 8, 2012

DBA the Magazine
PDF Icon Diversifying Away From Credit Cards Isn't Easy, Spring, 2012

Bloomberg.com
PDF Icon Debt Collectors Lobby to Block Tougher Rules, September 21, 2011

Southwest Collector Connector
PDF Icon Special Challenges and Strategies for the Small Agency, Summer, 2010

CNNMoney.com
PDF Icon Cities Look to Debt Collectors for Help, March 31, 2010

Fierce Healthcare
PDF Icon Insurance Scams Could Lead to Unrecoverable Bad Debt, March 1, 2010

ACA International Online
PDF Icon Accounts Receivable Management Industry M&A Deal Value Dropped in 2009, January 18, 2010

ACA International – The Paper
PDF Icon Credit Card Sector Update, January 14, 2010

Business Credit Management UK Online
PDF Icon Kaulkin Ginsberg Facilitates the Sale of OConnor-Ravell Associates to Commercial Collection Corporation of New York, January 4, 2010

DowJones Wire
PDF Icon DJ Tales of the Tape: Debt collectors aim to cash in, December 17, 2009

MSN Money
PDF Icon Debt collectors are ready to deal, December 11, 2009

ACA International Online
PDF Icon Fall Forum Asset Buyer Session Highlights, November 9, 2009

Gazette.Net
PDF Icon Merger activity down in debt collection sector, October 21, 2009

McClatchy Washington Bureau
PDF Icon One industry that’s booming: debt collection, October 16, 2009

ACA International Online
PDF Icon ACA International Members Named Best Places to Work, October 15, 2009

Associated Press
PDF Icon States raise limits on creditors as debtors squirm, October 14, 2009

Gazette.Net
PDF Icon Ciena plans $521M acquisition of Nortel, October 9, 2009

The Paper – A Publication of ACA’s Asset Buyer’s Division
PDF Icon Winning Strategies for Challenging Times, September 11, 2009

BusinessRockford.com
PDF Icon These debt collectors have everyone’s seal of approval, September 5, 2009

Gazette.Net
PDF Icon Survey: Collection agencies squeezed by recession, August 21, 2009

Baltimore SmartCEO
PDF Icon Collecting Dust: Strategies for Improving Collection of Overdue Accounts, August, 2009

ACA International Online
PDF Icon Winning Strategies for Challenging Times, July 14, 2009

NACM News Briefs
PDF Icon Debt Collection Index Predicts Improvement, June 2, 2009

Springfield Business Journal
PDF Icon How To: Rein In Accounts Receivable, April 27, 2009

Gazette.Net
PDF Icon Collection agencies report more work, fewer workers, March 20, 2009

The New York Times
PDF Icon So You’re Dead? That Won’t Stop the Debt Collector, March 4, 2009

Profitguide.com
PDF Icon Selling Your Baby, March, 2009

Collection Advisor
PDF Icon insideARM.com Names Best Places to Work in the Collection Industry, March/April, 2009

Pharmacy Choice
PDF Icon Unveiling the Changing Face of Medical Receivables, February 4, 2009

Profit Magazine
PDF Icon Selling your baby, February 1, 2009

St Louis Business Journal
PDF Icon In changing consumer debt arena, Cincinnati-based Unifund branches out, January 30, 2009

Associated Press
PDF Icon Know your rights when the debt collector calls, January 30, 2009

Conde Nast Portfolio
PDF Icon Pity the Debt Collector, January 27, 2009

MD Daily Record
PDF Icon Credit crisis led to big M&A decreases in 2008, January 22, 2009

Buyouts
PDF Icon Audax Takes Bet on Consumers Repaying Debt, January 19, 2009

ABF Journal
PDF Icon 2008 Debt Collection, A/R Industry M&A Activity Exceeds $2 Billion, January 16, 2009

Private Equity Digest
PDF Icon Audax Group Acquires United Recovery Systems, January 5, 2009

MSN Money
PDF Icon When debt settlement makes sense, January 5, 2009

Debt Law Network Blog
PDF Icon How To Read Your Debt Collector’s Mind, January 1, 2009

LATEST BLOGS

It Takes Two to Tango. Maybe Three.

November 20, 2014

We recently learned how the Feds busted up a crime ring involving debt collectors.

According to the press announcement, the Justice Department and the FBI arrested seven offenders for their roles in a fraudulent debt collection operation that, over the course of five years, targeted more than 6,000 consumers across the United States and stole more than $4 million.

The outrageous offenses listed in the sealed complaint include claims the defendants... ....
» see this post    » all posts


Remember Mortgage Crisis: Lowering Down Payments Might Not Be the Answer

November 17, 2014

The mortgage market is over $8 trillion, and nearly 70 percent of all consumer debt, so changes in the mortgage market have a huge impact on all other areas of consumer debt, which supports credit grantors, ARM service providers, and many other industries. On October 20th, shortly after the release of our last mortgage blog (click here), FHFA Director Mel Watt announced that mortgage-finance companies Fannie Mae and Freddie Mac would start backing loans with... ....
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Celebrate our Veterans Every Day

November 11, 2014

Nearly 20 years ago, my wife and I bought our first home, a townhouse located in a neighborhood with other young family first-time home owners. Over the next few years, we got to know our neighbors and realized how fortunate we were to live near so many other couples with young families. What we did not realize at that time was how fortunate we really were to purchase the house we did.

By definition, townhouses are connected to adjoining houses so you get... ....
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EVENTS

DBA International's 18th Annual Conference


ARIA Resort and Casino
Las Vegas, NV
February 3rd-5th, 2015

DBA International's 18th Annual Conference - Passport to the Future - is one of the most well attended events in the industry attracting more than 1,500 attendees. As a sponsor, your company will receive unprecedented exposure to potential clients and leaders in the receivables industry. Providing opportunities for exceptional lead generation.......

» see this event's details



2015 Larger Market Participant Summit


FHI360 Conference Center
Washington, D.C.
April 23rd, 2015

insideARM.com and the iA Institute host the third annualLarger Market Participant Summit.

This exclusive event caters to the unique interests of the larger firms in the ARM industry, with unparalleled peer networking, best practice discussion, panels focused on the latest issues... and no exhibit hall.


For senior executives only,.......

» see this event's details


Collection and Recovery Solutions 2015


Four Seasons Hotel
Las Vegas, NV
May 6th-8th, 2015

This content rich educational conference gives the techniques, strategies and resources for maximizing collection and recovery outcomes. Our goal is to enrich the intensity of the conference for the exhibitor, attendee and sponsor alike with an unparalleled learning experience. This is an exclusive gathering of industry professionals like none.......

» see this event's details