The distressed receivables industry can be a volatile marketplace. At NorAm Debt Management, LLC, (NDM) our goal is to help alleviate that uncertainty, increase your productivity and ROI, and guide you through an ever-changing environment.
With every transaction and consultation, we pride ourselves on providing superior service that complies with federal, state and client regulations. As one of only two brokers to achieve certification by the Receivables Management Association, we follow industry best practices with every service we offer.
Here’s more about our services.
Debt Purchasing and Sales
NorAm Debt Management, LLC, (NDM) is an active trader in the charged-off consumer debt market. We buy and sell debt portfolios throughout the United States and Canada.
We also broker debt by locating portfolios for debt buyers with specific areas of request or marketing portfolios for would-be sellers, either established within the marketplace or first-time sellers.
Master Servicer Assistance
NDM is a Master Servicer for debt portfolio investors and debt buyers.
Our services include reviewing portfolios, determining appropriate work level agencies, managing portfolios through liquidation and providing regular reporting and remitting, which ensures maximum ROI and profitability.
Portfolio Management Advisor
We provide high-quality collection agency and accounts receivable management services to a variety of clients within the industry.
For debt portfolio buyers, we evaluate agency management, determine liquidation strategies and strategize on how to sell portfolios in order to maximize profitability and ROI.
For debt portfolio issuers, we evaluate charge-off practices, analyze recovery strategies and develop agency placement and debt sale strategies.
These strategic advisory services help companies to ensure profitability, maintain a strong ROI, maximize returns and improve recovery rates.