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Top five companies using debt arrest warrants

  • March 17, 2011 - 4:41 PM

TOP FIVE COMPANIES USING DEBT ARREST WARRANTS

Companies that buy bad debts frequently seek warrants to arrest Minnesota debtors. More than 1,600 other creditors also used the process, in most cases just once.*

Warrant cases

Firm Location Type of firm 2005-2009

Unifund CCR Partners Cincinnati Debt buyer 247

Portfolio Recovery Assoc. Norfolk, Va. Debt buyer 130

Debt Equities LLC Golden Valley Debt buyer 92

Capital One Bank McLean, Va. Credit card issuer 53

Lakes Gas Co. Forest Lake Propane supplier 41

* The Star Tribune has used warrants to collect four debts since 2005.

Source: Minnesota Judicial Branch data, analysis by Star Tribune

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