Released: October 20, 2008

Debt collectors are busy as credit defaults rise

Source: Thomas Heath, Washington Post (Free Registration)

I got to know Marvin Kaulkin by smoking an occasional cigar together at Bethesda Tobacco, a popular spot in lower Montgomery County.

His Rockville firm, Kaulkin Ginsberg, has 25 employees and advises collection agencies on how to improve their businesses. Clients include Sallie Mae, TRW and GE Capital, according to its Web site.

With the economy tanking and banks freezing up, I called Kaulkin Ginsberg and chatted with President Mike Ginsberg (Marvin probably was enjoying a smoke nearby) about what he is seeing in the marketplace.

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