Debt Management

Business Services · Virginia, United States · 51-200 Employees

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Overview

Headquarters

2129 General Booth Blvd Ste 103, Virgini...

Phone Number

(508) 643-1400

Revenue

$19.3 Million

Industry

Business Services Debt Collection
ZI Rank: 1
Signal Type
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ZI Rank
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About Debt Management

This story may sound eerily familiar to you, like maybe your dad telling you one of those he walked 10 miles to school uphill both ways to school in 2 feet of snow deals, but this is the actual story and yes we have been very fortunate, but not without years of hard work. Debt Management, Inc. was started in 2000. It was created by three men and a prayer. We had one client, almost one computer, and no office. We had approximately $1,000.00 to get the company off the ground and somehow we made it happen, although for the first year and a half we were convinced we would never make it. Little by little we built the company one client at a time, charging a very fair rate but one where the company could still make a profit. One of our first clients told us you have to charge me at least 35% or you wont do the job, Ive been through it too many times and know the difference, youll start out great but you wont be making a profit and by then youll be out of business, so how will that help me? IRead more
Debt Management's Social MediaPopular SearchesDebt Management IncCapital Recovery SystemsDebt ManagementRecovery Systems IncDebt Management, Inc - 447SIC Code 73,732NAICS Code 56,561Show more

Debt Management Org Chart

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Chief Executive Officer

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Controller

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Executive Assistant To Chief Executive Office...

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AR
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Collections Specialist

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DM
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Collections Specialist

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AB
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Collections Specialist

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JS
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Collections Specialist

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Collections Specialist

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Collections Representative

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Debt Management

$19.3M
51-200
Private
-
2000
$47.5M
51-200
Private
-
2013
LM
Louis MccoyDirector, Operations
$25.5M
51-200
Private
-
1996
Lawrence Christman, Chief Information Officer at Aargon Agency
Lawrence ChristmanChief Information Officer
$5.7M
11-50
Private
-
-
N/A
$5.2M
11-50
Private
-
2000
JK
James KoehlerVice President, Sales Mid Michigan
<$5M
11-50
Private
-
1997
KW
Kenneth WarnesCEO & President
<$5M
11-50
Private
-
1976
Mickey Putman, President at Central Professional Services
Mickey PutmanPresident
Illustration of an envelope

Company Profile Activity

i

Among all Business Services companies

Low Activity

High Activity

Activity Insights

Debt Management is experiencing very low activity levels compared to other companies in the Business Services sector.

What does this means?

Debt Management is drawing exceptional interest within the Business Services industry, suggesting notable developments or strong market momentum, learn more about Debt Management.

Debt Management Tech Stack

A closer look at the technologies used by Debt Management

Top Business Services Companies

Frequently Asked Questions Regarding Debt Management

What is Debt Management's official website?
Debt Management's official website is www.debtmanagementinc.com
What is Debt Management's Revenue?
Debt Management's revenue is $19.3 Million
What is Debt Management's SIC code?
Debt Management's SIC: 73,732
What is Debt Management's NAICS code?
Debt Management's NAICS: 56,561
How many employees does Debt Management have?
Debt Management has 51-200 employees
What industry does Debt Management belong to?
Debt Management is in the industry of: Business Services, Debt Collection
What is Debt Management competition?
Debt Management top competitors include: Atlas Financial Services, Account Receivable Solutions, Debt Collections Agency Houston, Halsted Financial Services
What technology does Debt Management use?
Some of the popular technologies that Debt Management uses are: SEDO Parking, Google AdSense, Sentry, New Relic Browser
How do I contact Debt Management?
Debt Management contact info: Phone number: (508) 643-1400 Website: www.debtmanagementinc.com
What does Debt Management do?

This story may sound eerily familiar to you, like maybe your dad telling you one of those he walked 10 miles to school uphill both ways to school in 2 feet of snow deals, but this is the actual story and yes we have been very fortunate, but not without years of hard work. Debt Management, Inc. was started in 2000. It was created by three men and a... prayer. We had one client, almost one computer, and no office. We had approximately $1,000.00 to get the company off the ground and somehow we made it happen, although for the first year and a half we were convinced we would never make it. Little by little we built the company one client at a time, charging a very fair rate but one where the company could still make a profit. One of our first clients told us you have to charge me at least 35% or you wont do the job, Ive been through it too many times and know the difference, youll start out great but you wont be making a profit and by then youll be out of business, so how will that help me? It turns out he was right, he was a gentleman from Norwood that gave us our first big break and we will never forget his generosity in giving us a chance. In hindsight we rolled the dice with blatant honesty too, because he asked us how many clients we had, and we answered youll be our first." We now service over 2500 clients and have collected in excess of $15,000,000 on behalf of them. I guess the moral of the rate story is that you as the customer certainly have the right to rate shop for sure, however, in an industry as unique as ours, ultimately results are all that we get evaluated on. If we are not recovering your money you will not continue to conduct business with us. But yes there are also many intangibles that we strive to meet on your behalf such as our attention to detail, and the relationship between you and your customer, and the part that Im most proud of and that is that at anytime, any day of the week you can call any of the owners of DMI at home or on their cell phones directly. We take that last statement very ...Read More

What are Debt Management social media links?
Debt Management Linkedin page Debt Management Facebook page
Is Debt Management a public company?
Debt Management is private company therefore does not currently have an official ticker symbol
See more information about Debt Management

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