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Asset Acceptance Capital Corp. was a publicly traded company. By 2005 the company's profits rose to $51.3 million. [citation needed]By 2009, Asset Acceptance Capital Corp was one of the "four largest publicly traded debt buyers" who purchased $19.6 billion in distressed debt along with Encore Capital Group, Asta Funding Inc., and Portfolio Recovery Associates.
A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own, utilize ...
[101] [102] The SIPC case is Securities Investor Protection Corp. v. Bernard L. Madoff Investment Securities LLC, 08-01789, U.S. Bankruptcy Court, Southern District of New York (Manhattan). On January 6, 2009, Picard and lawyers from his firm said some investors may get cash advances from SIPC well before March 4, 2009. [21]
Asset Acceptance Capital Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Encore Capital Group DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange ...
If you own Asset Acceptance common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim ...
WeissLaw LLP Investigates Asset Acceptance Capital Corp. Acquisition NEW YORK--(BUSINESS WIRE)-- WeissLaw LLP, a national class action, shareholder rights law firm with offices in New York and Los ...
Asset protection (sometimes also referred to as debtor-creditor law) is a set of legal techniques and a body of statutory and common law dealing with protecting assets of individuals and business entities from civil money judgments. The goal of asset protection planning is to insulate assets from claims of creditors without perjury or tax evasion.
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