Bob Deter, Vice President of Business Development at Crown Asset Management, was Featured on Receivables Roundtable, a Video Production for the Accounts Receivable Management Industry Created and Published by Receivables Info.
Duluth, Georgia, June 3, 2021 — We’re proud to share episode 32 of Receivables Roundtable featuring our own Bob Deter! Bob sat down with Adam Parks to discuss why creditors should sell their debt.
Bob and Adam discussed a range of topics relating to selling debt and how that can lead to a robust recovery strategy designed to provide diversification, stability, and flexibility as well as immediate cash flow.
Bob has 33 years of experience in the industry including the valuation, sale, acquisition, and management of distressed and charged off account portfolios. Beginning his career working for a creditor, he provides valuable insight into the debt sales and debt collection processes. This enables him and Crown Asset Management to be a consultative partner and assist creditors who are considering debt sales, or who are already conducting debt sales.
“There are always going to be natural fluctuations in the best liquidation channel,” Bob says to Adam during their Roundtable discussion. “So when you have that robust recovery strategy, you can shift your volumes to whatever channel makes sense at the time, ensuring you maintain all of those channels and that flexibility.”
About Receivables Info
The Receivables Info team is led by receivables management industry veterans who wanted to create a website for the industry, by the industry. Their goal is to provide a voice for high-quality debt buyers, collection agencies, law firms, and industry veterans to share information about their businesses and their place within the marketplace and the community. The website provides relevant news alerts, articles, videos, and other receivables-related information to industry partners and colleagues around the industry and the globe. Receivables Info is also home to financial education resources for consumers through series like Money Chat.
About Crown Asset Management
Founded in 2004, Crown Asset Management, LLC, is a professional receivables management firm that outsources purchased accounts to a nationwide, proprietary network of collection agencies and law firms. Utilizing a cutting-edge predictive analytical model during pre-purchase portfolio due diligence, their team focuses on achieving appropriate financial returns while ensuring the best possible experience for consumers. They are an RMAI Certified Receivables Business and headquartered in Duluth, GA.