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A company offering you patented technology to resolve consumer debt quickly, privately and with dignity, online.

Debt Resolve, Inc. is both a technology services company and a leader and innovator in the asset receivables management industry. We develop and market our patent-based web collection technology under the brand name DebtResolve®, and also own and manage other companies in the asset receivables management business.

Our divisions include:

  • Debt Resolve, Inc.
  • First Performance Recovery Corporation

We are headquartered in White Plains, NY and trade on the American Stock Exchange (AMEX) under the symbol DRV.

Our flagship product is our DebtResolve® software system – an online collections tool, delivered in an ASP environment and private-labeled for use across multiple segments of the collections industry. It allows any stage of debtor to self-cure online and features our patented online bidding system that maximizes the settlement process. It is licensed to banks and other credit originators, credit card issuers and third-party collection agencies, as well as assignees and buyers of charged-off consumer debt.

DebtResolve incorporates certain of the same patented bidding technology used by Cybersettle and has an exclusive license to use the systems and methods covered by the associated patents (U.S. Patent Nos. 6,330,551, 6,850,918, 6,954,741, and 7,249,114 and foreign patents) for the collection of consumer debt in the US and internationally.

First Performance Recovery Corporation is a full-service receivables management company specializing in the post-charge off collection of a variety of debt types, including bankcard, retail, installment loans, and bad checks.

First Performance has a collection center in Las Vegas, Nevada, and employs approximately 150 receivables management specialists. First Performance utilizes the utmost in state-of-the-art technology, and is ISO-27001 certified.

 

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