About EverChain

EverChain started in 2012 with the observation that the debt sale and placement marketplace for default debt portfolios was inefficient and flawed. Lenders were effectively blind once an account was sold and/or placed, and the inception of the CFPB made selling debt a complex issue tangled up in regulatory tape. Many lenders decided that it was safer to consider the losses as a cost of doing business rather than sell and risk an event outside of their control causing consumer, regulatory, and brand harm.

To solve these problems, EverChain developed a market-disrupting technology platform for the secure management and execution of compliant debt sales transactions and post-sale placements. We established our EverChain Certified Debt Buyer and Collection Agency Network to improve the integrity of debt sales and have built our foundation on the universal compliance due diligence and auditing we conduct on creditors, debt buyers, collection agencies, and law firms.

Through the sales process, we quickly identified that post-sale management was a major stress on both buyers and sellers lacking standardization and automation. We further expanded our technology platform to assist both buyers and sellers with managing their post-sale needs through an efficient, tech-driven document management system including complete chain of title management. We are constantly evolving our technology platform and processes to meet the needs of our clients in an ever-changing regulatory environment—and we will not stop!