Debt Collection Agency to Bring 1,200 Jobs to Kansas

A Denver-based accounts receivable management firm will be taking over an old IRS office in Overland Park, Kan., hiring some 400 workers this year with plans to add 1,200 positions over the next five years.

The Overland Park Economic Development Council said Monday that Regent Asset Management Solutions has leased office space in Overland Park – a large suburb of Kansas City -- formerly occupied by the IRS. Regent already has an office in the town that employs 50 people.

Regent’s CEO, Michael Scata, told The Kansas City Star that the plan is to fill the current 15,000 square feet the company has leased and after that, potentially expand into the 60,000 sq. ft. of additional space in the building.

The Kansas Department of Commerce is aiding in the development with $1 million in workforce training grants.

“The efforts of ... the Kansas Department of Commerce and the members of the Overland Park EDC made the Kansas expansion possible,” Scata said in a release.

“The prospect for 400 new jobs this year, and 1,200 in five years, brings hope and optimism for job seekers and their families,” Overland Park Mayor Carl Gerlach said in a release. “We are starting to see some light at the end of the dark economic tunnel. However, we also know that the economic recovery will be slow and arduous.”

Regent, founded in 1981 as National Account Adjusters, currently has offices in Overland Park, Las Vegas, Phoenix, Denver and Murchison, Texas. The ARM company offers third party collection services across a range of sectors and skiptracing services. In addition, Regent is an active debt buyer and helps clients with lawsuit management and judgment recovery.