PUN Collections Acquires $80 Million Debt Portfolio18 June 2006
PUN Collections, LLC(www.puncollections.com), a buyer and seller of charged-off consumer debt,is pleased to announce that it has acquired four pools of charged-offconsumer debt during the past month with a total face value of more than$80 million.
The recently acquired national portfolios comprise charged-off creditcards, consumer loans, and mortgage deficiency accounts. PUN Collectionswill begin collection on these debts immediately.
About PUN Collections, LLC
PUN Collections, LLC is a growing Maryland-based buyer and seller ofcharged-off and distressed debt. PUN actively acquires portfolios of bothperforming and non-performing charged-off credit cards, auto loandeficiencies, mortgage deficiencies, municipal claims and liens, studentloans, judgments, and consumer loans.
For more information, visit: www.puncollections.com.
Media Contact:Phone 410.602.8480Fax 410.510.1116Email Contact
SOURCE: PUN Collections, LLC
Source: marketwire
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