Streetwide Asset Recovery Agency And Its Charismatic FounderIf it had not been for Michael Colombo, a Brooklyn kid who moved on to New Jersey, the Streetwide Asset Recovery Group, Inc. would not have materialized as an agency. This securities debt collection startup is owned 80% by the company Firebrand Financial Group, Inc., and owes its rise entirely to this man. From the beginning, the Streetwide Asset Recovery Group has concentrated its attention on securities debt recovery from scams on Wall Street. The driving force behind this agency has been none other than its Founder President Michael Colombo. He has more than 25 years of experience of working as a securities debt collection expert. He has to his credit single-handedly increasing the securities debt collection from a paltry $12,000 to $5 million over a period of two years starting 1998 for GKN Securities Corporation. When we discuss about Streetwide Asset Recovery Group, Inc., we cannot avoid talking about Michael Columbo. The man is simply a great securities debt recovery specialist. He conjured securities debt recoveries in cases lawyers had long given up as unrecoverable. This is the greatest quality in this man. He goes hammers and tongs after a securities debt recovery case and does the entire underlying debt recovery detective work. He then produces results by telling the defaulters that he has complete evidence of perpetration of fraud against them. His reputation on Wall Street has grown so vast and so wide that errant brokers, their defaulting employees, and margin-exceeding clients have started fearing lest he takes up their cases in hand. His methods have produced results which had not been hitherto forthcoming. He has helped recover millions of dollars for brokers from clients and erring clients as also from defaulting brokers on behalf of clients on Wall Street. The main difference between his methods and those of lawyers hired to recover securities related debts lies in the background detective work done by him without the knowledge of the defaulting parties. In this lies his success where others have clearly failed. Michael Colombo has instilled the same philosophy into all the collection agents of Streetwide Asset Recovery Group, Inc. This is why you see this agency doing a great job of recovering securities debts on Wall Street. In fact this agency is the only one of its kind that is operating on Wall Street exclusively in the area of securities debt recovery. The agency moots securities debt recovery solutions for its clients on Wall Street and converts a clearly written-off bad debt into an asset. This does not mean that the agency is directly involved in seizure of computer accounts of errant defaulting brokers or auctions of assets of proven defaulters who do not pay up. This aspect is looked into by government departments. This is after the Streetwide Asset Recovery agency simply lays the groundwork by producing proof of fraud and identifies and locates the defaulters. |