Business in the Burbs

White Plains-based Debt Resolve introduces new service

March

Debt Resolve Inc., a White Plains company that provides a way for lenders, debt collectors, utility companies and other parties a way to settle disputes online, said this morning that it has begun offering DR-Default, a tool for collecting mortgages and car loans that are in default.

The company said it began offering the service in response to the rising number of defaults in the subprime mortgage market.

The companyÃ¢â‚¬â„¢s stock was quoted at $3.65, down 15 cents, or about 4 percent at 11:06 this morning.

This entry was posted on Thursday, March 29th, 2007 at 12:20 pm by Allan Drury.
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