Bankrupt Debt Acquisitions Partners with Beam Software

SCOTTSDALE, Ariz. – Bankrupt Debt Acquisitions, the industry leader in the identification, purchase, and management of bankrupt and deceased debt has chosen BEAM as its purchased receivables management software platform.  Bankrupt Debt Acquisitions’ business model and evaluation process allow them to effectively liquidate bankrupt and deceased portfolios by identifying and monetizing otherwise uncollectible accounts.

“As a debt buyer, I had been looking for a software solution that could readily support our unique approach to helping organizations manage their bankrupt and deceased account inventory.  The integrated data exchange and data warehousing tools in BEAM work seamlessly with our account management service to the benefit of our clients,” said Jonathan Koop, Bankrupt Debt Acquisitions CEO.

Thomas Mohr, CEO of Beam Software commented, “Bankrupt Debt Acquisitions’ proactive approach to updating the status of an account removes the risk of bankruptcy stay violations resulting from missed notifications or erroneous data.  With Beam Software’s focus on compliance tools for its customers, this is a great partnership since BEAM users will be able to avail themselves of Bankrupt Debt Acquisitions service. This will allow our customers to focus on their collectible account inventory and eliminate the operational costs associated with the manual processing of paper notices.”