PR - Collection Industry Revenues to Increase to $22.2 billion by 2011

Revenues for the debt collection industry are projected to grow at a compound annual rate of six percent from $16.7 billion in 2006 to $22.2 billion in 2011, according to new research from Kaulkin Ginsberg Company, the leading provider of M&A, strategic advice, research, and information for the accounts receivable management (ARM) industry.

Full results of the original research will be published in the 7th edition of The Kaulkin Report, a biennial overview of the industry, due to release in September.  The report will provide projections on how the industry will evolve over the next five years, based on expert analysis of U.S. collections markets and scores of interviews with ARM company owners and executives.

“This edition of The Kaulkin Report will provide carefully-informed predictions about where the industry is headed in coming years,” said Michael Klozotsky, a Kaulkin Ginsberg Research Analyst.

U.S. consumers will hold $3.2 trillion in outstanding credit in 2011. That will impact thousands of ARM companies in various competitive markets, who will be charged with assisting creditors to convert delinquent receivables into cash when consumers fail to meet their financial obligations.

This research predicts that the largest of those markets—contingency (or third party) collectors—will grow to earn revenues of $11.6 billion by 2011.  Over the same period, the fastest growing ARM market will be collection law firms, which the report forecasts will grow at a significant compound annual rate of 16 percent between 2006 and 2011.

For more information about the 7th edition of The Kaulkin Report: The Future of Receivables Management, contact Michael Klozotsky at 301-907-0840 x123 or by email.