Michael Leseney
Lakeport, CA (USA)
Role(s):
Founder/Owner/Principal
Judgment Recovery Group
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Startup
Location:
Lakeport
Industry:
Other
Year Founded:
1999
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
"C" Corporation
Description:
Judgment Recovery Group, the name says it all, we enforce money judgments. We have three offices, two in California and one in Washington and enforce judgments in 14 states. Sarted the business in 1999, ran it throught 2008 and then put it on autopilot until the now due to the prospect of a recession. During that period our gross revenues were in excess of $3MM and our EBITA was North of 50%. Our IRR on purchase judgments exceeds 110%.