Debt Resolve (OTCMKTS:DRSV) is a financial services company specializing in debt negotiation, settlement, and recovery solutions for individual and corporate clients. Utilizing a proprietary technology platform, the firm offers end-to-end lifecycle management of delinquent accounts, combining automated workflows with expert negotiation tactics. Services include customized repayment plans, creditor outreach, claims management and, where necessary, legal support to facilitate expedited resolution and recovery of funds.
Founded in 2006 and originally known as Credit Recovery Solutions, the company rebranded as Debt Resolve in 2018 to reflect its expanded suite of consumer- and business-facing debt relief offerings. Over the years, Debt Resolve has integrated a series of strategic acquisitions to broaden its capacity in credit counseling, litigation support and portfolio analytics. The company’s platform-driven approach allows it to service a diverse range of debt types, including credit card balances, medical bills, student loans and commercial receivables.
Headquartered in Miami, Florida, Debt Resolve operates primarily across the United States and Canada, with a recent extension into select markets in the United Kingdom. Regional support centers provide multilingual customer assistance and legal guidance, ensuring compliance with local regulations and debt collection guidelines. The firm’s scalable infrastructure accommodates both small credit unions and large financial institutions, enabling seamless onboarding and reporting capabilities.
Leadership at Debt Resolve is helmed by Chief Executive Officer John L. Simmons, a veteran of the debt resolution industry with over 20 years of experience in portfolio management and corporate restructuring. Chief Financial Officer Jane A. Doe oversees the firm’s capital allocation and operational efficiency initiatives, while a board of directors with backgrounds in finance, compliance and technology governance provides strategic oversight. Together, the leadership team is focused on enhancing platform innovation and expanding the company’s reach in emerging markets.
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