The Takeaway: A consumer who carefully chooses to sue a debt collector in a friendlier local court should be able to prevent the removal of the lawsuit to a foreign federal court. The Facts: A consumer sued the debt collector NCO Financial Systems, Inc. (“NCO”) and a cable company in a local Delaware County [...]
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According to a recent press release, NCO Group, Inc. (“NCO”) reports greater revenue for the third quarter of 2011 as opposed to the same quarter one year prior. Earning about $304 million, NCO beat its 2010 same-quarter earnings of $292 million. The largest debt collection agency in the world continues to improve its income statement [...]