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 to the banking, non-bank finance, debt buyer, receivables management, utility and healthcare industries.
We are headquartered in Tarrytown, NY and trade on the OTC under the symbol DRSV.OB.
Our flagship product is our DR SettleTM system – an online collections tool, delivered in an ASP environment and private-labeled for use across multiple segments of the collections industry. It allows late stage consumer debtors to self-cure online and features our patented online bidding system that maximizes the settlement process. It is used by banks and other credit originators, credit card issuers and third-party collection agencies or law firms, as well as assignees and buyers of charged-off consumer debt.
Debt Resolve incorporates certain of the same patented bidding technology used by Cybersettle into DR Settle 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, 7,249,114, and 7,831,523 and foreign patents) for the collection of consumer debt in the U.S. and internationally.
Debt Resolve also markets its DR PreventTM product - an early stage collection tools. DR Prevent is targeted to financial and non-financial credit issuers including banks, credit unions, retailers, utilities and healthcare. DR Prevent is a consumer friendly way to get your consumer accounts current and in good standing again.
Our new solution is our DR CollectTM product - a specialized recovery tool tailored specifically for collection agencies and collection law firms. DR Collect bundles DR Settle and certain elements of DR Prevent along with significant automation to eliminate most of the integration process for the agency or law firm. Our recent DR Collect clients are typically up and running in only 7-30 days depending on the degree of customization required.