Absolute Resolutions Corp. First to Use Global Debt Registry

Absolute Resolutions Corp. has announced its agreement with the Global Debt Registry as the first company to officially register debt and ensure a clear chain of title.  The registration system is designed to maintain and establish accurate ownership of delinquent receivable accounts.

“Our agreement with Global Debt Registry showcases our commitment to our buyers, consumers and the overall industry,” said Mike Bendickson, president and CEO of Absolute Resolutions Corp.  “As a debt seller, we see this as a benefit to our downstream buyers because it helps to protect their investment, control data accuracy and enhance a viable resale market.”

Global Debt Registry seeks to standardize the processes by which all debt is purchased and sold industry-wide.  The company’s secure tracking system can identify the true owner, validate account level attributes, and provide the industry with an easily verifiable accurate chain of title.