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FAQ’s
Crown Asset Management, LLC is a RMAI Certified Receivables Business and debt purchasing firm with extensive experience acquiring distressed consumer receivables. We purchase account portfolios from originating creditors and other businesses after they have been unable to collect on past due balances.
After accounts are purchased, they are placed with our outsourced network of collection agencies and attorneys who contact consumers to reach account resolution. Our network consists of a carefully selected and thoroughly vetted set of reputable account servicers.
Crown Asset Management works hard with every account holder to find amicable resolutions to outstanding balances. We encourage all consumers who wish to arrange a payment plan, or who wish to dispute their account, to contact the assigned collection agency or law firm handling the account as soon as possible.
CAM is not a debt collector; we are a debt purchasing firm. All collection activity on accounts owned by CAM is professionally managed by our outsourced nationwide network of selectively approved and consistently monitored collection agencies and law firms.
After we purchase account portfolios, all accounts are placed into our network of collection agencies and law firms who work directly with the consumers to reach account resolution. Consumers needing support with their account should communicate directly with the assigned collection agency or law firm handling their account.