Kevin Hubbart
Clearwater, FL (USA)
Role(s):
Founder/Owner/Principal
PeopleServe
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Startup
Location:
Clearwater
Industry:
Finance
Year Founded:
2000
Number Employees:
1-10 people
Description:
PeopleServe is a debt purchasing business started as asideline to a law practice. PeopleServe purchases debt 'by the batch' approxmiately every 24 months. To date, PeopleServe has purchased four batches of debt, totalling over $3,000,000 in face value. All have been profitable, the most recent of which was purchased at $0.0157/$1.000, and has now reached the target return of at least 5 times the cost within 24 months.