Asset Acceptance Capital Corp. provides debt collection and management services. The company engages in purchasing and collecting charged-off accounts receivable portfolios from consumer credit originators. It provides credit originators such as credit card issuers, consumer finance companies, retail merchants, utilities and others an efficient alternative in recovering defaulted consumer debt. The company operates its business through three segments: Purchased Receivables, Finance Contract Receivables and Licensed Software. Asset Acceptance Capital was founded by Rufus H. Reitzel, Jr. in 1962 and is headquartered in Warren, MI.