August 24, 2016 8:08 AM ET

Commercial Services and Supplies

Company Overview of West Asset Management, Inc.

Company Overview

West Asset Management, Inc. provides receivables management solutions. Its services include first and third party collections, portfolio purchasing, and pre-legal and legal services. The company also offers pre and post charge off collection and customer care services. It serves telecommunications, financial services, automotive, retail, utilities, healthcare, transportation, commercial, government, and manufacturing industries. West Asset Management, Inc. was formerly known as National Asset Management Enterprises, Inc. and changed its name to West Asset Management, Inc. in January, 2005. The company was founded in 1994 and is based in Marietta, Georgia. As of March 3, 2015, West Asset Mana...

2253 Northwest Parkway SE

Suite 100

Marietta, GA 30067-8764

United States

Founded in 1994

Phone:

770-618-3700

Fax:

770-618-3742

Key Executives for West Asset Management, Inc.

Executive Vice President of Sales and Receivable Services
Executive Vice President of Receivable Services
Compensation as of Fiscal Year 2016.

West Asset Management, Inc. Key Developments

U.S. Department of Education Terminates Contract with Five Private Collection Agencies

The U.S. Department of Education is winding down its contracts with five private collection agencies, including Navient's Pioneer Credit Recovery, for allegedly providing inaccurate information to borrowers about a loan rehabilitation program. The other agencies are Coast Professional, Enterprise Recovery Systems, National Recoveries and West Asset Management. The loan rehabilitation program is an option that can create benefits to defaulted borrowers after they have made nine on-time payments in a period of 10 months. Agents of the companies allegedly gave borrowers misleading information about the benefits to the borrowers' credit reports and about the waiver of certain collection fees. The department's Federal Student Aid office performed a review of 22 private collection agencies. The department also said that it will reassign accounts held by the five agencies which are not already in repayment to other agencies. The department will increase its monitoring and issue enhanced guidance to all remaining private collection agencies.

Similar Private Companies By Industry

Company Name Region
$1 Energy Fund, Inc. United States
1 Class Corp United States
1 Solution Corp United States
1-800 Junk-USA United States
100 Pablo, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact West Asset Management, Inc., please visit www.westdebtsolutions.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.