CAMCO Debt Auction Spectacle Nets Good Results

by Patrick Lunsford January 20, 2005 (Be the first to respond)

The CAMCO saga took one more step towards completion yesterday in a posh midtown Manhattan office as the charged-off consumer receivables portfolio of the Illinois-based debt purchaser was auctioned off to the highest bidder. Last month, a U.S. District court judge ordered the assets of debt purchaser and collector Capital Acquisitions and Management Corp. (CAMCO) [...]