VWA and DebtNext Partner to Provide Debt Sales Program

IRVINE, CA ? Vengroff, Williams & Associates, Inc. (VWA), the global leader in the receivable management industry, today announced it has partnered with DebtNext Solutions, LLC, the leading provider of debt sale technology applications, ,to provide VWA customers a truly flexible debt sales program. Under the partnership, VWA?s customers will have the ability to package and sell their portfolios of charged-off debt through a private web-based application developed by DebtNext Solutions and administered by VWA.

“Our relationship with DebtNext will further our ability to improve our customers’ cash flow from an uncollectible asset,? said Mark Vengroff, CEO of Vengroff, Williams & Associates. ?What differentiates VWA from our competitors is the accessibility to offer various programs such as blended portfolios, collection attempts prior to sale, competitive pricing and improved analysis capabilities.?

“DebtNext offers a user friendly platform to facilitate debt sales. As a Seller, I appreciate the technology and the ease it affords me during the debt sale process.? said Deborah Sheridan, Sales Manager for Household Recovery Services. ?We are extremely pleased to have an opportunity to partner with an organization such as Vengroff, Williams and Associates,? said Paul Goske, President of DebtNext Solutions. ?Both of our organizations are focused on answering our clients? needs and this will provide a logical addition to the services VWA is able to offer within the realm of charged-off receivables.?

About Vengroff Williams & Associates, Inc. Vengroff Williams & Associates, Inc. is a global leader and innovator for the receivables management industry. With more than 39 years of experience in asset management, the company is able to implement more sophisticated strategies to meet customer needs. The company offers a myriad of services such as third party collections, credit investigations, liquidations, factoring, billing, outsourcing and other financial services. To learn more, visit us at www.vwainc.com/db/debtbrokering.htm.

About DebtNext Solutions, LLC.
DebtNext has a history of providing innovative solutions to the credit and collections industry. DebtNext was formed to answer the growing need for technology solutions for the credit and collections industry, specifically in the area of charged-off assets. With combined experience of more than 50 years, DebtNext?s partners have been involved with the purchase, sale or development of enterprise-wide technology solutions, and also possess a deep knowledge and experience level within the credit and collections industry. The company?s vision is focused on the success of its clients, partners and employees. To learn more visit us at www.debtnext.com.