Maximum Recovery Changes Name to Persolvo Data Systems

New Website Reflects Company’s Expanded Offerings

Maximum Recovery announced today that it has changed its name to Persolvo Data Systems (www.PersolvoDataSystems.com). The new name reflects the company’s expanded product and service offerings as the leading aggregator and data provider of account information of debtors enrolled in voluntary workout programs.

Persolvo Data Systems delivers a valuable service at a critical time in the receivables management industry and bridges the gap between leading providers of debt management services and credit card issuers, collection agencies and debt buyers. Persolvo’s web-based settlement portal provides enhanced visibility into highly-liquid settlement accounts. The Persolvo system lowers collection costs and increases liquidation rates by locating, analyzing and settling large volumes of hard-to-locate accounts.

According to Teresa Schumann, Persolvo’s Executive Vice President, “In these challenging economic times, the Persolvo system features a new tool that exposes large volumes of settlement opportunities that, until now, have never been available or were too costly and time consuming to manage. The Persolvo system provides a win-win relationship for highly-motivated debtors to settle their liabilities with creditors, agencies and debt buyers.”

About Persolvo Data Systems

Persolvo Data Systems is the leading aggregator of account information on debtors enrolled in voluntary workout programs. Persolvo’s web-based settlement application provides the most accurate and up-to-date information on debtors enrolled in voluntary workout programs and instantly displays the current savings balances of their highly-liquid settlement accounts. For more information, visit our website at www.PersolvoDataSystems.com.

Persolvo: Latin Verb – to unloose, explain, expound / pay off a debt, pay.

Contacts

Persolvo Data Systems
Teresa Schumann, 888-881-0048 ext. 10
Executive Vice President