“Our organization couldn’t be more excited about achieving this pivotal milestone in such a short period of time.
Columbia, MO (PRWEB) February 5, 2010
Beginning with the third quarter of 2009 to current, Global Debt Registry has established a significant presence in the receivables marketplace by registering and titling over $ 1.5 billion in transactions. Founded in 2006, GDR is the nation’s only A/R title origination and media management company.
With over 50 national, regional and state-level debt buyers and broker participants, GDR has recorded title transfers on over 350,000 accounts to participants as deep as six levels in the ownership chain. As part of its success, GDR Chains of Title are now being submitted and accepted as evidence of account-level proof of ownership in courtrooms across the nation.
“Our organization couldn’t be more excited about achieving this pivotal milestone in such a short period of time. Much of our success can be attributed to the leadership of our visionary clients. Their stewardship and interest in promoting an improved best practice for the industry enables them to leverage the short and long-term benefits of a proven third party title origination and media management company,” says Greg Ousley, CEO of Global Debt Registry.
GDR additionally delivers to its participants an enhanced and compliant account documentation management and distribution service by establishing a direct relationship with the original issuer for purposes of processing media requests from all buyers. With over two million account-level documents under management and over one million distributed to the GDR participant network in the previous 6 months, the cost savings and business advantages gained from the optimized process are substantial.
GDR is a proud member of DBA International, ACA International, National Association of Retail Collection Attorneys, and the Better Business Bureau.