Ryan Watson is an experienced debt analyst, with more than six years experience examining debt portfolios of every size and shape. He has also authored multiple articles on financial matters and dabbles in website content and other side writing projects. He lives in Georgia with his wife and two sons.
Recently, the ARM world was hit with news of a new patent which may affect much of the debt purchasing industry. TriCap – a company which has typically dealt with medical receivables – recently patented a process by which debt can be bought and sold online.
The patent protects a process that a handful of other debt brokers more or less already do and have done for years.