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A Thing On a Collection Note

On a Collection Note


Resort Management Receivables, Inc., a debt collection agency servicing resort and timeshare companies, was recently sold to EMCC, Inc. EMCC is a consumer debt purchaser headquartered in Pembroke, MA.

The acquisition is one of the first examples of a debt purchaser crossing into third party contingency collection by acquiring an agency. The deal was managed by Brian Greenberg, of Kaulkin Ginsberg Company. Ginsberg said, “We expect to see more debt purchasing companies acquire collection agencies to expand their collection capacity, increase their yield on purchased portfolios, and add contingency services as a revenue stream. Over the past few years, we’ve seen a number of companies in related industries, such as telemarketing and banking, acquire agencies and it appears that debt purchasers are now taking an interest as well.”

EMCC plans to grow RMI internally through expanded sales efforts and will likely channel some of its purchased paper through the company as well.

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