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CEO Bruce Bellmare Elaborates on Debt Resolve’s Subsidiary’s Positive Income and Further Game Plans

(September 12, 2017)

White Plains, NY., , Sept. 12, 2017 (GLOBE NEWSWIRE) -- Bruce Bellmare, CEO of Debt Resolve, Inc. (OTCPink: DRSV) interviews on the Uptick Network Stock Day Podcast with host Everett Jolly. With great Q2 revenues, Mr. Bellmare highlights the company’s game plan that executed these financials for the first half of the year with the addition of Student Loan Care LLC, a majority-owned subsidiary. With this positive revenue growth, Mr. Bellmare mentions that the company’s strategy is to add other businesses under the umbrella and to grow those subsidiaries with Debt Resolve’s management and financial expertise. Mr. Bellmare discusses how the company is focusing on the Federal student loan holders and describes how Student Loan Care supports its clients in finding the best program that fits their needs in order to reduce their monthly loan payment and possibly work their way towards loan forgiveness.  

In the interview, Mr. Bellmare gives a better understanding of the industry and focus for the company, “There is a huge opportunity in the student loan industry and, we read about it all the time, how hard it is to pay back a student loan and our business focuses on the federal student loan holders. The federal government has great programs to help these people, including a “pay as you earn” program, and if earnings aren’t high enough you don’t have to have huge payments. The programs are a little complicated, you can file everything yourself like filing taxes with the IRS, but many people decide they’d rather go to specialists who understand the programs better and they pay to have the paperwork filled out,” Mr. Bellmare continues his clarification, “Our business is to help clients find the best program for themselves and to help them prepare all the documentation, including all the supporting documentation and then get it to the department of education. That way they can be accepted into these programs to reduce their monthly payment and to put many of them on a path to loan forgiveness. Depending on the industry they work in, many can be on the path for loan forgiveness in as little as 10 years.”

To listen to the full interview please click here or the following link: https://upticknewswire.com/featured-interview-ceo-bruce-bellmare-of-debt-resolve-inc-otcpink-drsv

About Debt Resolve, Inc.
Debt Resolve's traditional SaaS business provides lenders, debt buyers, collection agencies, collection law firms and hospitals with a patent-protected online bidding system for the resolution and settlement of consumer debt. The company also provides web-based revenue management platforms for the healthcare industries that include cost-effective collection solutions for every stage of collection and recovery. Student Loan Care LLC is a Debt Resolve Inc. majority owned joint venture with Hutton Ventures and provides documentation preparation services for federal student loan modification and consolidation programs. The company is publicly held and trades on the OTC Markets under the symbol DRSV. Debt Resolve is headquartered in White Plains, New York. www.debtresolve.com/



Forward-Looking Statements
Certain statements in this press release and elsewhere by management of the Company that are neither reported financial results nor other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of the Company's operations varying significantly and materially from anticipated results. Debt Resolve undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by SEC rules. Investors are advised to consult any further disclosures made on related subjects in the Company's reports filed with the SEC.

Source: Uptick Newswire

 

CONTACT: Investor Relations:Synergy Consultants LLC(727) 491-3911Debt Resolve:Wayne Traviswtravis@debtresolve.com(914) 949-5500 x238

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