Complaint Review: Hilco Receivables - Northbrook Illinois

The top part of the message is from their web site ... they very graciously provided their email addresses to their execs .. Hilco Receivables LLC 5 Revere Drive, Suite 415 Northbrook, Illinois 60062 Phone: 847-509-7800 Fax: 847-509-7810 E-Mail: mail (at sign) hilcoreceivables.com Internet: www.hilcoreceivables.com Bruce Passen President bpassen(at sign)hilcoreceivables.com 5 Revere Dr Northbrook, IL 60062-1566 (847) 509-7800 Bruce has more than 25 years of experience in the accounts receivables industry. He founded and served as president of Abacus Financial Management Services, LP. Abacus began operations in 1992 with a staff of five and grew to more than 275 full-time employees when Bruce sold the company in 1998. Noteworthy clients included AT&T, Universal Card, Citibank, Sears Roebuck, Dayton Hudson, Neiman Marcus, Ameritech, GTE Mobilenet, Southwestern Bell, Bank One, Federated Stores and GE Capital. Before founding Abacus, Bruce worked with American Creditors Bureau, at the time one of the three largest collection agencies in the United States. He brings to Hilco the proven ability to creatively execute transactions and grow a successful business in the debt-purchasing industry. Jay Stone Executive Vice President jstone(at sign)hilcoreceivables.com Jay has nearly 15 years of experience in the accounts receivable industry. He first teamed with Bruce Passen as Vice President of Business Development at Abacus Financial Management Services from 1994 through 2000. During that period, Jay initiated relationships with premier clients including Bank of America, Ameritech and Nordstrom. Jay next served as National Business Development Manager for Van Ru Credit Corp where he developed major national relationships with clients including Sears Roebuck and First U.S.A. Jay holds a Bachelors Degree from Beloit College. Peter D. Waldstein Chief Operating Officer pwaldstein (at sign) hilcoreceivables.com Peter joined Hilco in 2002 as Chief Operating Officer, having worked in receivables management since 1975. He served as the senior corporate development officer in charge of mergers and acquisitions for several major industry consolidators including Outsourcing Solutions Inc. and Argent Healthcare Financial Services. Earlier in his career, Peter worked as an investment banker and, prior to earning his MBA in Finance from the University of Chicago, worked for 10 years as a journalist including five years with Crain's Chicago Business. Peter earned his undergraduate degree from the University of Michigan Victoria Sharman Senior Vice President vsharman (at sign) hilcoreceivables.com Vicky joined Hilco Receivables Europe as its Chief Executive Officer in 2006. She oversees all management and operations within our European platform. Vicky comes to Hilco with more than 17 years of experience in the collections industry. Her career began with Interim Justitia CAS, where she rose through the ranks from a clerk to a senior level account development manager with responsibility for more than 200 clients. Vicky then joined with a group of colleagues to form Equidebt Limited. Over the next 12 years, she helped build-out the company from a start-up to its current prominence in the UK debt collection industry. Her responsibilities included debt buying, call center development and management. Most recently, Vicky served as interim managing director for CCS Ltd., to oversee the company's restructure. Dan Olson Senior Vice President dolson (at sign) hilcoreceivables.com Dan has spent more than 25 years in the collections industry. Before joining Hilco in July 2004 to manage vendor relationships, Dan served as Director of Recoveries for the credit devision of Sears Roebuck, where he managed $1.5 billion dollars in annual charge-off volume and an annual recovery budget of more than $360 million. Dan's responsibilities at Sears included running the portfolio sales group as well as collection operations in Salem, MA and Greensboro, NC. Dan achieved the Master Black Belt level in Sears' Six Sigma and Compliance department. Before joining Sears in 1997, Dan served as Senior Manager of Recoveries for seven years at AT & T Universal Card Services in Jacksonville, FL. Dan began his career at Michigan National Bank and Michigan Bankcard in Lansing, MI. Arno Lam and Hans Wittermans Principals - Hilco Receivables Europe alam (at sign) hilcoreceivables.nl hwittermans((at sign) ilcoreceivables.nl Prior to serving as members of the board and principals of Hilco Receivables Europe, Arno and Hans were partners in Alec Burlington International, a leading European credit management firm based in the Netherlands, which Arno founded back in 1997. Collectively, they have more than 30 years' experience in European credit management, including positions with the Benelux division of Dun & Bradstreet, where they first worked together. Hans joined Arno as CEO of Alec Burlington in 2002. Prior to that Hans was Managing Director for the Benelux and Middle East for CIMS/Cendant and held various positions within the International Dun & Bradstreet organization, focussing on business marketing, consultancy and the auditing of collection centers in Europe & Latin America After you sent your request they had 30 days to respond .. From another consumer / collection agency site is a part of a letter to send to the agency ... At this time I will also inform you that if your offices have reported invalidated information to any of the 3 major Credit Bureau's (Equifax, Experian or TransUnion) this action might constitute fraud under both Federal and State Laws. Due to this fact, if any negative mark is found on any of my credit reports by your company or the company that you represent I will not hesitate in bringing legal action against you for the following: Violation of the Fair Credit Reporting Act Violation of the Fair Debt Collection Practices Act Also during this validation period, if any action is taken which could be considered detrimental to any of my credit reports, I will consult with my legal counsel for suit. This includes any listing any information to a credit reporting repository that could be inaccurate or invalidated or verifying an account as accurate when in fact there is no provided proof that it is. If your offices fail to respond to this validation request within 30 days from the date of your receipt, all references to this account must be deleted and completely removed from my credit file and a copy of such deletion request shall be sent to me immediately.