Holiday debt boom boosts collection agency work
Holiday spending sprees push more accounts to debt collectors as Visa and MasterCard report sharp card-spending rises. Industry figures show 227 million accounts totaling 75 billion dollars handed to collectors in 1992, with average recovery around 19 cents on the dollar. Experts urge understanding rights under the Fair Debt Collection Practices Act and propose honest repayment plans, sometimes with reduced balances.
MENTIONED IN THIS ARTICLE
New York
Craig J. Costanzo
Management Adjustment Bureau Inc
Buffalo, N.Y
Visa
MasterCard
Costanzo
American Collectors Association
Minneapolis
ACA
Gerri Detweiler
BankCard Holders of America
Herndon, Va
Detweiler
Mr. Costanzo
Multimedia Seminar On Revolutionary Marketing Tech
The Interactive Multimedia Association sponsors a seminar titled Multimedia An Overview of Revolutionary Marketing Communication Technologies from 6 to 9 p.m. Thursday Jan 27 at UMBC Engineering and Science Building Ballimore. Admission is 49 per person with advance registration via Nash Video Interactive at 215 750 1926. First United Corp based in Oakland reports second highest earnings with net income 6.01 million and per share 1.46, citing merger costs with HomeTown Bancorp Myersville Bank which operates three offices and plans a Walkersville area office later this year.
MENTIONED IN THIS ARTICLE
Phil Davis
Nations Bank Corp
Charlotte
N.C
National Foundation For Consumer Credit of
Silver Spring
Durant Abernethy
Foundation
Interactive Multimedia Association
Umbc Engineering and Science
Wilkens Ave
Balltimore
Nash Video & Interactive
First United Corp
Oakland
HomeTown Bancorp
Myersville Bank
Myersville
Hagerstown
Smithsburg
Walkersville
Telephone firms to get new names
Bell Atlantic Corp renamed its seven local operating companies to Bell Atlantic followed by their service area in Pennsylvania New Jersey Maryland Delaware West Virginia or Washington DC. The move aims to present a single identity in a national market and to simplify sales and marketing communications.
MENTIONED IN THIS ARTICLE
Philadelphia
Bell Atlantic Corp
Bell Atlantic
Pennsylvania
New Jersey
Maryland
Delaware
West Virginia
Washington, D.C
Bob Valentini
Bell Atlantic-Pennsylvania
Bell of Pennsylvania
Bell of New Jersey
Diamond State Telephone
Bell Atlantic- Delaware
Chesapeake & Potomac Telephone Co
Bell Atlantic-Virginia
Bell System
Maryland Midland eyes 14 mile rail link to Canada
Maryland Midland Co. negotiates to acquire 14 miles of right of way and abandoned track to connect Carroll County goods with markets as far as Canada, via ConRail in York Pennsylvania. President Paul Denton says the project would boost access and competitive pricing for firms in Carroll County, with major customers including Lehigh Portland Cement Union Bridge Congobeum Finksburg Ryland Homes Westminster. Across the globe Tokyo shares slide as Nikkei falls 4.94 percent, the dollar strengthening against the yen.
MENTIONED IN THIS ARTICLE
Union Bridge
Maryland Midland Co
Carroll County
Canada
ConRail
York
Maritime Provinces
Paul Denton
Maryland and Pennsylvania Railroad
Hanover
Denton
Lehigh Portland Cement Co
Congobeum Corp
Finksburg
Ryland Homes Group Inc
McGregor Printing
Westminster
Maryland Midland
Good Hair Days opens in Walkersville
Good Hair Days Inc opens a full service hair care center at 25 E Frederick St Walkersville across from McDonald s. Owner Judy Kidwell discusses her lifelong dream and staff Debbi Bane and Lillian Kidwell. Services include hair care for all ages, waxing, specialty wraps, foils, highlights and braids with Paul Mitchell Biolage Matrix products. Walk ins welcome hours 10 to 9 weekdays 10 to 5 Saturday closed Sunday plans for a manicurist.
MENTIONED IN THIS ARTICLE
Good Hair Days Inc
Walkersville
Judy Kidwell
Lillian Kidwell
Debbi Bane
E. Frederick St
McDonald's
Walkersville High School
Westminster Beauty School
Debbi
Ms. Kidwell
Ms. Bane
Paul Mitchell
Wall Street Ends Mixed as Dow Dips on Weak Broad Market
Strong earnings lift IBM and Caterpillar but overall market weakens. Dow falls 1.69 to 3912.79 as declines outpace advances. Nasdaq and S&P also retreat while a few gainers limit losses. Treasury short rates slide on weekly auctions, three and six month bills at 2.96 and 3.14 percent.
MENTIONED IN THIS ARTICLE
New York
IBM
Caterpillar
Wall Street
New York Stock Exchange
Standard&Poor
Standard&Poor’s
Treasury Department
Rescheduled TQM seminar set for January 27 at Ceresville Mansion
Keller Bruner & Co. has moved the Total Quality Management seminar to Thursday January 27 at the Ceresville Mansion. For more information contact Julie Gaver at 663-8600.
MENTIONED IN THIS ARTICLE
Keller Bruner & Co
Ceresville Mansion
Julie Gaver
Also Mentioned on This Page
Holly Cherico
Council of Better Business Bureaus Inc
Arlington
Federal Trade Commission
First United
Chicago
Chicago Board of Trade
Fri
Nikkei Down
Tokyo
Frederick
County Chamber of
Chamber of Commerce
Chamber Services Chamber Membership
Sound Dance
The
Frederick News-rust
Monocacy Federal Credit Union
Old Farm Drive
Ed Waters Jr
News-Post
Washington
Treasury
Dow Jones Industrial
AllgPwr
Altimax
Une Ed
Avemco
Mf Baltge
Bell Atl
BioWhittaker
Citizens Bank
CSX Cor
Coca Cola
Comsat
Crown Amer
Exxon
Fcnb Corp
F&m Bancorp
Giant Foods
GTE Corp
Marriot
Kmart
Life Tech
Loyola Corp
H Marriott
MCI Comm
Mercantile Bakshi
Moore Corp
A Nations Bank
Penney
Pepsico
Potom el
Sears
USFG
Wash Gs
Weis
Unwigd
Ferris, Baker Watts Inc
Coe Pear
Aes Ie Ee
Montgomery
Howard Counties
Frederick County
PHONE
ets \s
Te Peto Ind Neen Bae Se Ee 4
First Virgina Bank
Edward D. Jones
Stock Market Report
Randy S. Bluhm
Edward D. Jones Co
W. Patrick St. Frederick
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