PREMIUM ASSET RECOVERY CORPORATION

greg Williams

GasWaste

PARC

This is the first time I have gotten a call from them. Here is what I found...

Asset Acceptance Capital Corp.(Public, NASDAQ:AACC)
Employees 1,569

Summary
Asset Acceptance Capital Corp. is engaged in purchasing and collecting defaulted or charged-off accounts receivable portfolios from consumer credit originators. Charged-off receivables are the unpaid obligations of individuals to credit originators, such as credit card issuers, consumer finance companies, healthcare providers, retail merchants, telecommunications and utility providers. The Company purchases and collects charged-off consumer receivable portfolios for its own account. From January 1, 1998 through December 31, 2007, it had purchased 853 consumer debt portfolios. On April 28, 2006, Asset Acceptance Holdings, LLC completed a stock purchase transaction of Premium Asset Recovery Corporation (PARC). Under the terms of the agreement, Asset Acceptance Holdings, LLC acquired 100% of the outstanding shares of PARC. Asset Acceptance, LLC purchases and holds portfolios in all asset types except for healthcare. PARC purchases and collects on portfolios primarily in healthcare.

Contact Info:
28405 Van Dyke Avenue
Warren, MI 48093
United States - Map
+1-586-9399600 (Phone)
+1-586-4467825 (Fax)
www.assetacceptance.com

Nathaniel F. Bradley IV >
Non-Executive Chairman of the Board
Officer Since: 1994
Age: 51

Rion B. Needs >
President, Chief Executive Officer, Director
Officer Since: 07/23/2007
Age: 45

Mark A. Redman >
Chief Financial Officer, Senior Vice President, Treasurer, Secretary
Officer Since: 01/1998
Age: 46

Deborah L. Everly > Senior Vice President, Chief Acquisitions Officer
Officer Since: 1998
Age: 35

Phillip L. Allen >
Vice President - Operations
Officer Since: 10/1996
Age: 49

Edwin L. Herbert >
Vice President, General Counsel, Assistant Secretary
Officer Since: 09/2006
Age: 57

Deanna S. Hatmaker >
Vice President - Human Reso