Mike Bendickson has more than 20 years of experience in portfolio acquisition, evaluation, sales and collections. He founded Absolute Resolutions Corp. in April 2001 to successfully appraise, purchase and collect high-quality portfolios. Mike's vast experience in the debt market includes many types of charged-off receivables from national originators of debt portfolios. In his role as President, Mike manages the acquisition of product and oversees the proper due diligence on every transaction. He also directs corporate diversification including the development of new product channels and the addition of profit centers. Mike is dedicated to promoting the growth and image of the debt buying industry. In 2003, he was elected by his peers to the Executive Board of Directors for the Debt Buyers Association. He served as Chairman of the Legislative Fund Raising Committee for six years, Treasurer, and Vice- President. In 2011 he was elected President of DBA International and is currently serving his second term for the organization. Mike began his career as a collector with the American Creditors Bureau in Phoenix, Arizona and was quickly promoted to Collections Manager for his ingenuity and integrity with account holders and staff. In 1990, FM Services in Phoenix hired Mike as Collections Manager, where he assisted in the tremendous growth of that company. In 1995, he joined The Sagres Company, a debt buyer and seller. Within two years, he was promoted to Vice President and two years later to President of the 50-person staff. He left Sagres in 2001 to establish Absolute Resolutions Corp. Mike has gained tremendous credibility in the industry by working closely on every transaction with employees at every level of business. He has learned the mechanics of each position: the best methods for dealing with account holders, the key to selecting high-quality packages and the legal ramifications of each type of transaction. His leadership is bolstered by his own personal knowledge of all aspects of this business. Mike is considered an expert in the industry and is invited to speak at conferences nationwide on topics ranging from debt buying to debt collection and market conditions.
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Independent and authoritative analysis and perspective for the banking industry