Executive Change: Joshua Chaet Promoted at Resurgence Financial

Resurgence Financial, LLC has named H. Joshua Chaet as Chief Executive Officer. Mr. Chaet is a founding partner of the firm who previously held the position of COO. He succeeds David K. Kaplan who passed away suddenly earlier in the month.

Formed in 2001 to acquire and liquidate credit card debt, Resurgence Financial has become a leading national purchaser of defaulted consumer accounts receivable and was recently ranked by Inc. magazine as the 28th fastest growing company in America.

"We will continue to work toward reaching our goals and remain excited and positive about the future. Resurgence Financial is committed to success and prosperity in order to maintain the vision that David established for its investors, employees and the company as a whole," said Chaet.

Senior Vice President Robert A. Russo stated that "our leadership team will continue to implement its plans, which are the cornerstone of David’s ambitions. Resurgence Financial is a success story, in part, because of a combination of dedicated and intelligent employees and highly skilled management, both at the core of David’s original strategy."

With more than 80 employees and multiple locations nationally, Resurgence Financial specializes in late-stage collection enforcement by using a Controlled Litigation Strategy ™ which holds debtors accountable for repayment in a consistently fair and ethical manner.

Resurgence Financial is an industry leader in debt purchasing, collections enforcement, outsourcing and resale management, and is a respected member of many national attorney and debt purchasing trade groups and consultancy organizations.