Utility Sector Beckons Asset Acceptance

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Utility Sector Beckons Asset Acceptance
Debt purchaser Asset Acceptance Capital Corp. is working to build its portfolio of debt from utility companies as more of these providers look to garner returns from their charged-off receivables. Warren, Mich.-based Asset Acceptance (Nasdaq: AACC) was approached by “dozens” of utilities seeking to sell last year, according to Deborah Everly, senior vice president and chief a
 
Topic: Debt Purchasing