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Debt Resolve Inc. (DRV) is in the Financial Services Industry

Revenue
Dec 31 2007
$2.8M
Profit
Dec 31 2007
($12.5M)
Market Cap
Oct 13 2008
$1.6M

Latest News and Analysis

  • JOE, TLB, DRV, TWER, PPTI, UGHO Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days.

    M2 PRESSWIRE-30 January 2008-BUYINS.NET: JOE, TLB, DRV, TWER, PPTI, UGHO Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading DaysC1994-2008 M2 COMMUNICATIONS LTD RDATE:30012008 BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ,...

    Articles 2008-01-30

  • Debt Resolve Appoints Kenneth Montgomery Chief Executive Officer

    As Planned, James D. Burchetta Elects to Step Down as CEO and be Appointed Founder & Chairman of the Board and Announces Board Changes WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV) announced today that Kenneth Montgomery has been appointed Chief Executive Officer, effective February 16, 2008,...

    Articles 2008-01-25

  • Debt Resolve Receives AMEX Deficiency Letter and Subsequent Plan Accepted; The Resolution Group to Fund $4.5 Million and Launch Joint Venture

    WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV) announced today that the American Stock Exchange AMEX has accepted the plan submitted by the Company. Debt Resolve and The Resolution Group TRG will implement the agreement dated December 12, 2007, which provides for $4.5 million in funding, a joint venture...

    Articles 2008-01-12

  • JOE, TLB, DRV, EROC, NAVR, PRAN Have Been Added To Naked Short List Today.

    M2 PRESSWIRE-11 January 2008-BUYINS.NET: JOE, TLB, DRV, EROC, NAVR, PRAN Have Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:11012008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE...

    Articles 2008-01-11

  • Debt Resolve Secures up to $4.5 Million in Financing

    Enters Into Joint Venture with The Resolution Group, Inc. Announces Board and Management Changes WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV) today announced that it has entered into an agreement dated December 12, 2007, with The Resolution Group Inc. TRG of Irvine, CA, to...

    Articles 2008-01-07

  • Debt Resolve to Hold Investor Conference Call

    WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV), announced today that its management will hold a conference call to discuss the recently filed 3rd Quarter financial results and the Company's forecast of profitability by the end of 4Q 2008. Debt Resolve's Chief Executive Officer James D. Burchetta...

    Articles 2007-11-30

  • Debt Resolve Announces Third Quarter '07 Results

    Directors advance $1 million from June to November; Restructuring at First Performance Completed WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV), the only company to offer a patented Internet solution for the collection and settlement of consumer accounts receivable, today announced its...

    Articles 2007-11-20

  • Debt Resolve Receives 'Top 100 Technology Products' Award from Collection Advisor Magazine

    President and CTO Richard G. Rosa accepts award at Tech '07 conference WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV) announced today that it has been named a recipient of the '2007 Top 100 Technology Products' Award by Collection Advisor - America's premier publication...

    Articles 2007-11-09

  • Debt Resolve and Apollo Enterprise Solutions Settle Patent Infringement Lawsuit

    IRVINE, Calif. -- Debt Resolve, Inc. (AMEX:DRV) and Apollo Enterprise Solutions, LLC jointly announced today that they have reached a settlement of the pending patent infringement lawsuit between Debt Resolve and Apollo Enterprise Solutions in the U.S. District Court, District of New York. The parties...

    Articles 2007-11-06

  • Debt Resolve and Apollo Enterprise Solutions Settle Patent Infringement Lawsuit

    WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV) and Apollo Enterprise Solutions, LLC jointly announced today that they have reached a settlement of the pending patent infringement lawsuit between Debt Resolve and Apollo Enterprise Solutions in the U.S. District Court, District of New York. ...

    Articles 2007-11-05

  • Debt Resolve Signs First Major International Client

    Leading Debt Collection and Management Company in the UK WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV) announced today that it signed its first international client, a leading top-10 debt collection and management firm based in the UK, who will integrate the DebtResolve patent-based...

    Articles 2007-10-24

  • Federal Court Denies Apollo's Motion to Dismiss Debt Resolve's Lawsuit

    Debt Resolve wins another court ruling WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV) announced today that the U.S. District Court, Southern District of New York, in a decision dated October 5, 2007, has denied a motion for summary judgment brought by Apollo Enterprise...

    Articles 2007-10-11

  • Debt Resolve Plans European Expansion in France

    Country's High-Tech Banking System a Major Draw WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV) announced plans today to introduce its online products collection to the French market. The company will be working with the assistance of Invest in France Agency North America for...

    Articles 2007-10-09

  • Debt Resolve Announces Plans for Remainder of 2007

    $1.3 billion placed into the DebtResolve system in the third quarter Nearly one million accounts; DR moves from pilot phase into revenue production WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV), announced today its plans for the remainder of 2007: Moves from pilot...

    Articles 2007-10-08

  • Debt Resolve Enters Benelux Region

    Follows on Successful Launch in the UK WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV) announced today that it has entered into a strategic partnership with ODC Online Debt Collection Tools, a Benelux-based consulting firm. ODC Tools will launch a campaign to promote and...

    Articles 2007-09-26

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  • Incorporated: 1997
  • CEO: Mr. Kenneth Montgomery
  • Employees: 30

Debt Resolve provides banks, lenders, credit card issuers, third party collection agencies and collection law firms and purchasers of charged-off debt an Internet-based online system for the collection of past due consumer debt. Co. provides its service as an Application Service Provider model, enabling clients to introduce this collection option with no modifications to their existing collections computer systems. Co.'s existing and target creditor clients include banks and other credit originators, credit card issuers and third-party collection agencies, as well as assignees and buyers of charged-off consumer debt.

Key Competitors

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Debt Resolve Inc. Company Info

Board of Directors

Mr. James D. Burchetta

Chairman

Mr. Charles S. Brofman

Mr. Alan M. Silberstein

Mr. Lawrence E. Dwyer Jr.

Mr. William H. Mooney

Mr. Michael G. Carey

Contact Information

707 Westchester Avenue

Suite L-7

White Plains, NY

http://www.debtresolve.com

914 949-5500

NAICS Code

Collection Agencies: 561440

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