Scottsdale, Arizona: Bankrupt Debt Acquisitions today announced that it has earned the highly-regarded designation of Certified Professional Receivables Company (CPRC) after completing the comprehensive national standards contained in DBA International’s certification program. These standards have been recognized for exceeding state and federal laws and regulations through a series of stringent requirements that stress responsible consumer protection through increased transparency and operational controls.
“I want to commend Bankrupt Debt Acquisitions for this important accomplishment on becoming certified through DBA International’s Receivables Management Certification Program. It’s efforts to maintain uniform standards of best practices not only protects consumers and creditors alike, but ultimately benefits the health of the entire credit eco-system,” said DBA International Board President Todd Lansky. “By achieving certification, Bankrupt Debt Acquisitions meets or exceeds local, state, and federal consumer protection laws across the country and positions itself to provide for the safest and most compliant consumer experience.”
“Bankrupt Debt Acquisitions has been at the forefront of compliance and regulatory standards since it’s inception in 2007. We are pleased to have completed the DBA Certification process and look forward to providing continued excellent service and high standards of quality to our current and future partners.”
Jonathan Koop
CEO – Bankrupt Debt Acquisitions
The CPRC designation is granted to companies who comply with rigorous standards addressing such items as account documentation, chain of title, consumer complaint and dispute resolution, statute of limitation compliance, vendor management, credit bureau reporting, resale, and other relevant operational procedures. Individual Certified Receivables Compliance Professional (CRCP) designations are required for each certified company’s chief compliance officer. Bankrupt Debt Acquisitions CRCP designate is Jeff Howell, Vice President National Sales & Compliance.
Compliance with the CPRC standards are monitored through independent third party audits as well as through a structured self-compliance audit process. For more information about DBA’s Receivables Management Certification Program, or to download an application, please visit DBA’s website at www.dbainternational.org/certification.
About Bankrupt Debt Acquisitions
Bankrupt Debt Acquisitions is an industry leader in the identification, purchase and servicing of bankrupt and deceased debt. Our business model allows us to effectively locate and liquidate bankrupt and/or deceased debt to increase revenue streams with residual income by monetizing your bankrupt and deceased inventory.