BNET Industries
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
Debt Resolve's CEO Kenneth Montgomery to Join the Board of Directors
Debt Resolve Elects Not To Appeal The Amex Decision To Delist Its Stock From The American Stock Exchange Debt Resolve To Trade On The OTC Bulletin Board WHITE PLAINS, N.Y., Sept. 26 /PRNewswire-FirstCall/ -- Debt Resolve, Inc. ("Debt Resolve") announced that it has decided...
Debt Resolve to Launch iSettleNow™ Which Will Give Consumers Direct Access to the Company's Patented Online Bidding System
Debt Resolve Creates Alliance With Major Creditors; Schedules Conference For September Debt Resolve Reports A Major Expansion Of Its Business Strategy; And Q2 Financial Results WHITE PLAINS, N.Y., Aug. 20 /PRNewswire-FirstCall/ -- Debt Resolve, Inc. ("Debt Resolve") announced today that it has developed a...
Debt Resolve Closes $7 Million Investment with Harmonie International, LLC
The Company Announces Fiscal Year 2007 Results CEO Ken Montgomery Discusses Milestones and Announces Plans for the Remainder of 2008 WHITE PLAINS, N.Y. -- Debt Resolve, Inc. ("Debt Resolve") (AMEX: DRV) announced today that on March 31, 2008, Debt Resolve, Inc. entered into a Securities Purchase...
Collins Financial Names Howard C. Knauer Senior Vice President of Recovery
AUSTIN, Texas -- Collins Financial Services USA, Inc., a leading purchaser, collector and reseller of charged-off consumer debt, announced today that Howard C. Knauer will join the Company as senior vice president of recovery, effective February 5, 2008. Knauer will also assume the title of president of Paragon Way, Inc.,...
AXR, BBL, CAO, NCT, RQI, DRV Have Been Removed From Naked Short List Today.
M2 PRESSWIRE-1 February 2008-BUYINS.NET: AXR, BBL, CAO, NCT, RQI, DRV Have Been Removed From Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:01022008 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE...
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,...
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,...
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...
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...
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...
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...
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...
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...
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...
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. ...
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...
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...
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...
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...
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...
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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
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
914 949-5500
NAICS Code
Collection Agencies: 561440Brought to you by IBM
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