Turn Debt into Dollars at the Online Asset Auction
Debt2Dollars is a financial services company operating in the debt investment arena, offering on-line Debt Brokerage Training, Asset Sales via an on-line Auction and Collection Services.
DAVIE, FLORIDA (PRWEB) March 17, 2006
D2D, (Debt2Dollars, inc.) is a web-based financial services company operating in the debt industry, which offers Training, Sales and Servicing. On January 26, 2006 D2D entered into an agreement with DebtOutlet (www. debtoutlet. com) to exclusively operate the Asset Auction website, where creditors can convert debt into dollars. Whether you are trying to liquidate a second mortgage, turn retail receivables into cash, or simply want to convert those lottery winnings or structured settlements into today’s dollars, D2D’s Asset Auction is the place to visit. This website is dedicated to selling financial instruments at auction. Entrepreneurs can learn debt brokerage skills, by taking the on-line training courses, while loan vendors can use the auction platform to buy and sell portfolios at a competitive market price. Municipalities can reduce their overhead and maximize their profits by conducting their tax lien certificate and deed sales on-line. D2D also offers collection, skip-trace and due diligence services.
On February 13, 2006, D2D entered into a strategic partnership with BCI (Breakthrough Concepts, inc. www. bcisystems. com) to host the D2D online courses using the “Tutor” component of BCI’s “The ManagerTM” suite. BCI, a proven leader in financial services applications, has a client list which includes Wells Fargo, Wachovia, JPMorgan Chase, Mellon, Fleet, Merrill Lynch, Citigroup, FreddieMac and U. S. Department of the Treasury. D2D co-founder and author of the courses, Lance Long, PhD. was a pioneer in working out Resolution Trust Corporation portfolios in the early 1990’s. The ten D2D courses are also offered on-site and in a home-study package.
In an industry which is rapidly becoming dominated by a few well-funded public companies, D2D has brought the debt investment opportunity from Wall Street to Main Street. The assets offered for sale are as varied as real estate liens, judgments, credit card charge-offs, health club contracts, student loans and medical receivables. D2D has even created a secondary market for tax lien certificate and tax deed holders. D2D also offers wholesale portfolios to loan vendors and retail portfolios in $2,500 increments for the small investor. On February 15, 2006 D2D entered into a strategic partnership with Go-More Financial, inc. (www. gmfcollect. com) a Minnesota-based collection agency, which was recently awarded "Best Strategic Partner of the Year" by Bank1One and "Best Primary Agency" by Chase Auto Finance. Investors purchasing D2D portfolios, retail, wholesale or directly from the D2D asset auction, have the option of the immediately placing the accounts in contingency-based collections with a recognized leader in national collections.
As consumer debt has grown to more than $1.7 trillion, the non-performing debt industry has grown into a $300 billion annual business. Although the industry is dominated by a handful of major players, D2D has now expanded the opportunities to small and medium-sized investors by offering training, collection services and an on-line Asset Auction site where bidders worldwide can buy or sell financial assets. Debt2Dollars is a Florida based corporation.
Contact Info:
Lance Long
Www. debt2dollars. com
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