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  Recovery Management Systems began in January of 2002 as the in-house recovery collections department of Atlantic Financial Services. The need for an in-house department grew out of the frustration of being a little fish in the vast ocean of the national agencies and law firms.

Over the four years since its creation, the department collected more than $3 million dollars for Atlantic Financial on sub-prime automobile deficiency balances. In the five years from 1997 through 2001 the national law firm collected $1.75 million on the same portfolio. The $1.2 million collected in 2005 by the collectors who would grow to form Recovery Management Systems was more than triple the best recovery year ever for the national law firm on Atlantic Financial accounts.

After perfecting its methods and proving its success, the department was spun off into its own agency and Recovery Management Systems, Ltd was born. The professionals at RMS boast a near half-century in collective experience. In an industry where continuity is essential but often rare, the average service time of the collectors at RMS is between four and five years. RMS is under the same management as when it was formed as a department in 2002.

If we can achieve this level of success on sub-prime deficiency balances, imagine what we can do with your portfolio. Contact us today to find out.


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