Executive Change: Danen Shiek to B-Line, LLC as Chief Operating Officer

Seattle — B-Line, LLC (“B-Line”) is proud to announce the appointment of Danen Shiek as Chief Operating Officer. Mr. Shiek has extensive experience and knowledge in collections and recovery strategies, portfolio analysis and interpretation, bankruptcy compliance and liquidation strategies, and portfolio purchase and sales.

Bryan Waters, Chief Executive Officer of B-Line, praised Danen’s capabilities: “Danen’s knowledge of bankruptcy recovery as well as know-how in the general ARM industry adds depth to an already strong leadership team here at B-Line.  He maintains strong relationships in the industry and will help us continue to innovate and strengthen our offerings and support to all the recovery markets we serve.”

Before joining B-Line, Mr. Shiek was President of Vativ Recovery Solutions, a large national legal collection service with a focus on bankrupt and deceased account recovery.  Mr. Shiek founded Vativ in 1989. In 2006, he expanded the company through the introduction of portfolio analysis, acquisitions and sales and developed relationships with many of the top issuers in the country.  Vativ was sold to Asta Funding in 2006 and Mr. Shiek continued to preside over the subsidiary for 3 years during a very successful transition.

About B-Line, LLC
B-Line, LLC (“B-Line”) is one of the leading purchasers and servicers of consumer bankruptcy accounts in the United States.  Since B-Line’s founding in 1997, the company has purchased and serviced over $50 billion of bankruptcy receivables.  B-Line purchases and services both secured and unsecured consumer debt included in both Chapter 7 and Chapter 13 bankruptcy cases throughout the nation.  B-Line is recognized by Seattle Business as one of Washington’s “100 Best Companies to Work for” as well as one of the “Best Places to Work in Collections” by insideARM.com.  Please visit www.blinellc.com for more information.