Welcome to a new regular feature on AccountsRecovery.net. The collections and debt-buying industries are tight-knit communities, but there is a lot that we do not know about each other. To rectify that, we will be posting profiles of members on a regular basis. If you are interested in being profiled, please contact me via email.
Name
Michael Zoldan
Company
Length of time at current company
16 Years
Length of time in industry
16 Years
How did you get your start in the industry?
I was approached by a debt-buying group to build a web-based software platform for buying and selling portfolios.
What is your career highlight so far?
First web-based sale of a portfolio (Bank of America Credit Cards to Calvary) in September 2001.
Which industry professional do you admire most?
John Deetz (retired) – he handled portfolios sales for GE Capital for many years in the most professional way.
What is one thing you do better than everyone else?
I return every phone call and read every email (and text) I get (including the attachments!)
What do you like most about this industry?
Seeing all the creative ways people find to make money either on the buy/sell side or through collections.
What is one thing you wish you could change about this industry?
We need less government intervention – things like Operation Choke Point were NEVER envisioned in our industry (let alone America!)
If you weren’t in this industry, what would you be doing?
I would be buying and selling scrap iron and metal with my dad.
Describe a typical work day
Breakfast with Greg Fazekash and David Fell, a few hours in the office discussing pending deals (and golf) – ad then either calling or visiting clients in the afternoon.
What is your guilty pleasure?
Watching the Golf Channel on my 55” Samsung TV in my office.
What is the best advice you’ve ever received?
Return your phone calls and read all your email and texts.
What are you currently reading?
Wall Street Journal
What is one fact you’d like everyone in the industry to know about you?
I count every stroke on the golf course – and in life.
Who else would you like to see answer these questions?
Mark Naiman, Rich Munroe, and Brad Hochstein
