Asset Acceptance

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Asset Acceptance Capital Corp., located in Warren, Mich., is a company that purchases charged-off consumer debt from credit issuers, and then uses proprietary methods to collect on these receivables. The company has provided credit issuers, such as credit cards, retail merchants, utilities and others, an efficient alternative to recovering defaulted debt. It provides service through its offices in Arizona, Florida, Illinois, Maryland, Michigan, New Jersey, Ohio and Texas. Asset Acceptance also works with individual debtors to develop a repayment plan. The company has invested in custom software, enabling it to locate debtors, manage call centers, and run other mission-critical applications.