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COMMERCIAL COLLECTION AGENCIES OF AMERICA NEWS

Commercial Collection Agencies of America is coming to an exhibit hall near you!
Commercial Collection Agencies of America
We're on the move and spanning the United States to meet you!

First, we are headed to St. Louis on May 17 for the National Association of Credit Management's 119th Credit Congress and Expo at the America's Center. Make sure to stop by booth #238 to learn which agencies have qualified to earn a Certificate of Accreditation and Compliance. Possessing outstanding qualifications, these agencies can assist your company by recovering your past due receivables and protecting your firm's bottom line. You'll receive valuable information and reports which offer statistics of the collection industry that will assist your credit department. While you're there, please visit the silent auction and bid on the amazing prize donated by Commercial Collection Agencies of America. All proceeds benefit the NACM Scholarship Foundation, allowing for the continued education avenues of those otherwise unable to participate.

Then it's off to Seattle! We'll meet you at the Credit Research Foundation from Aug. 10-12, at the country's largest expo of the latest technologies and resources which serve the credit and accounts receivable industry. As this is typically the most attended meeting of the year, be sure to make time to stop by our booth (Booth #39) and learn about Commercial Collection Agencies of America's superior certification program, known for its rigorous requirements that ensure the members are the most experienced, ethical and knowledgeable and continue to uphold the standards of the commercial debt industry.

We look forward to seeing you soon!
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INDUSTRY NEWS


Debate over North Carolina debt buyer bill gets personal and nasty
InsideARM
A Senate committee in the North Carolina legislature recently approved a bill that would soften that state's requirements for debt collection lawsuits, especially for debt buyers. The prospect of a change to the rules has led to protests from some lawmakers and consumer advocates. But while most opponents have substantive issues with the proposal, at least one member of the personal finance media resorted to name-calling and histrionics.
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Fighting back on payment terms extension — at least in the UK
Credit Today
You need the business, and your big customers say you'll have to wait — maybe 120 days — for your money. There may not be much you can do. But it's heartening to hear how the feisty Brits are battling it.
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Russia and China have had enough of western banking
CNNMoney
President Vladimir Putin approved a new $100 billion reserve fund over the weekend that will specifically aid the BRICS nations: Brazil, Russia, India China and South Africa. It's another step by the BRICS to build an alternative so they don't have to go to the United States or the International Monetary Fund for any financial help.
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Iron mining woes force Magnetation bankruptcy
Minnesota Public Radio
Magnetation, the big Grand Rapids, Minnesota-based mining company, said Tuesday it's filed for bankruptcy protection as the iron ore industry struggles with a global slowdown. The company said it intends to continue paying suppliers and vendors as well as employee wages and benefits while it works through the Chapter 11 filing.
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Super Bowl ticket seller, stung by shortage, files for bankruptcy
The Wall Street Journal
A Super Bowl ticket seller has filed for bankruptcy to deal with upset customers who showed up to Super Bowl XVIX in Arizona only to find out that their ticket purchases had fallen through, in some cases, just hours before kick-off. The Queens, New York-based SBTickets.com issued refunds, but customers who had journeyed from as far as Brazil, Australia and Papua New Guinea are pushing for travel and lodging money for missing out on the New England Patriots' win over the Seattle Seahawks.
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Setting goals the S.M.A.R.T.E.R. way
By D. Albert Brannen
Since the early 1980s, management consultants have used an acronym, S.M.A.R.T., to guide people through effective, objective goal-setting. That easy acronym is still one of the most popular frameworks for performance management in the workplace — or in any other goal-setting for that matter. Over time, this acronym has been tweaked and expanded. One variation is to make goals S.M.A.R.T.E.R., which indicates that goal-setting is an ongoing, continuous improvement process.
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Women changing the face of credit industry
Credit Today
Attendees at last year's Credit Today Senior Credit Executive Symposium began a conversation about women's experience in what was once a male-dominated field and one in which women still aren't well-represented in management. While the numbers — and a sea change in attitudes — have improved in both participation and the work environment, two women executives say there's more to do to ensure credit enjoys the benefits of a diverse work force.
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Why managing work-life balance is harder than ever
Fast Company
Despite a plethora of apps, corporate initiatives and advice, it's never been harder to achieve a work-life balance. According to its latest survey of nearly 9,700 full-time workers, EY found that one-third of employees report that managing their personal and professional lives has become more difficult. The reasons aren't surprising. Challenges such as sluggish wage increases coupled with the rising cost of living are hitting one group the hardest.
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10 ways to be the person people like to work with
Entrepreneur
Raw talent, education, experience and competency are no longer enough to thrive in today's competitive economy. Nor is it enough to have the right product or service at the right time to court a client and land the contract. Soft skills, including adaptability, a positive attitude and good communication skills, are a vital part of fostering a dynamic workforce and being an effective leader. Here are some ways to improve your likability, both personally and professionally.
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Annette M. Waggoner, Executive Director, 847.907.4670

Colby Horton, Executive Vice President of Publishing, 469.420.2601
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