Debt buying veteran Stacey Schacter recently launched his own portfolio purchasing and consulting firm, and Thursday announced the company’s first major purchase: substantially all of the receivables of Friedman’s Jewelers and Crescent Jewelers.
The announcement comes after a busy year for Schacter, one which saw him change companies twice. In March of last year, Schacter resigned as the CEO of debt buyer EMCC, Inc., a company he had been with for 15 years. His idea at the time was to explore other business opportunities, including opening his own firm. In fact, he had a plan in place to do just that.
View this content by subscribing
Please register to unlock this content
I already have an account. Log in
