ARM generates its income from purchasing, managing and collecting portfolios of "charged-off" or "distressed" receivables. The debt owed to banks, financing companies, and other credit providers, ranges from credit cards, personal loans, installment sale contracts, to automobile loans. Experience shows that many individuals want to repay their debt. Time is a major factor in a debtor's ability and desire to repay the debt.

ARM's initial focus has been to purchase and collect charged-off debt portfolios substantially comprising of debtors located in Massachusetts. Since 2003, we have purchased portfolios segmented nationally and regionally. In addition, ARM purchased five portfolios in a joint venture with a debt buying strategic partner.

Asset Recovery is known throughout the debt buying industry. It has set a presence and achieved a solid reputation. Debt sellers, resellers, and brokers call, e-mail and fax buying opportunities on a daily basis.

ARM is listed on three websites that feature debt buyers and sellers. The first is the Debt Market Place, the second site is a trade organization called the Debt Buyers Association ("DBA"), and the third is National Portfolio Exchange. ARM is a member of the DBA, ACA, and ACA's Asset Buyers Division.