SquareTwo Financial Announces Launch Of New Florida Partner, Federated Law Group

DENVER, May 29, 2012 /PRNewswire/ -- SquareTwo Financial, a leader in the $100 billion asset recovery and management industry, today announced the launch of a new Partner in Florida called Federated Law Group, located in Palm Beach County.

Federated Law Group opened its doors May 14 as part of the national SquareTwo Partner Network and is the third Partner for SquareTwo Financial in Florida. The office is managed by a team of seasoned professionals from a wide variety of backgrounds including underwriting, banking, processing, and volume litigation. SquareTwo Financial provided Federated Law Group extensive support, including office setup, space location, talent acquisition, staffing, vendor setup and integration, and training to create a systemic and best-in-class program.

"We are welcoming Federated Law Group as our newest partner after an extensive nationwide search designed to find a highly skilled and entrepreneurial leadership team," said Paul A. Larkins, president and CEO of SquareTwo Financial. "We are confident we have found all of the qualities inherent in a top-flight Partner in the Federated Law Group, and we look forward to working with this talented team to achieve peak performance and profitability."

SquareTwo Financial franchises, referred to as "Partners," are independently owned and operated law firms that work with consumers to remedy their outstanding debts. Franchise Partners have exclusive rights to license SquareTwo Financial's proprietary technology and perform asset recovery work on the company's behalf, with support from state-of-the-art technology and analytics, high-quality portfolios and drastically reduced overhead. Partner franchise leadership typically consists of a senior business executive, an operational general manager, and a licensed managing attorney, who together oversee business strategy, operations, and legal activities for the Partner organization.

"When we became fully aware of the potential for success offered by the SquareTwo Financial Partner Network, we seized the opportunity to get involved," said Nick Rojo, who heads the team's operational affairs. "The support provided by the company is enabling us to launch our office with ease, and we anticipate a strong relationship going forward that will spur us to reach -- and hopefully exceed -- our performance targets."

"Federated Law Group is looking forward to making an impact as a SquareTwo Financial Partner and creating jobs that will benefit the Florida economy," said Aaron Cushman, general manager. "We are confident we've assembled a talented and experienced team that will set a high bar for the asset recovery industry."

SquareTwo Financial is actively seeking additional Partners throughout North America, especially in the Cincinnati and Washington, D.C. areas. Ideal candidates are highly entrepreneurial, experienced in negotiations and civil procedures, and able to show a track record of long-term success and innovation.

For more information, email [email protected] or call 303-713-2036.

About SquareTwo Financial:
SquareTwo Financial is a leader in the $100 billion asset recovery and management industry. Through its award-winning technology and unique Partner Network, SquareTwo Financial creates a more effective way for companies and consumers to resolve their debt commitments. Fortune 500 companies in the health care, banking and credit card industries trust SquareTwo Financial to manage their debt portfolios. The company's national network of legal partners is dedicated to treating consumers fairly and ethically. SquareTwo Financial is based in Denver, Colo. Visit www.squaretwofinancial.com for more information.

SquareTwo Financial Website: www.squaretwofinancial.com

CONTACTS:

Rick Roth
Chief Marketing Officer
SquareTwo Financial
303.713.2231
[email protected]  

Cori Keeton Pope
Keeton Public Relations
303-282-4981
[email protected]

SOURCE SquareTwo Financial