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LCSTM Financial Announces Relocation to Expansion Facility:
Increased Scalability and Infrastructure Enhances Client Servicing

CENTENNIAL, CO- January 18, 2011- LCSTM Financial Services Corporation (LCS Financial) (www.lcsfin.com), a leader in post charge-off recoveries for the financial services sector, announced today that the company has relocated to a stand-alone facility in Centennial, Colorado.  The facility will house LCS Financial, which specializes in the nationwide recovery of mortgage, auto, and student loan consumer debt, as well as its affiliated companies.

 

This move brings increased capacity to manage the industry's high volume of distressed debt, thereby providing the company's clients with superior customer care and more sophisticated resources to maintain and improve liquidation rates.

 

"We are committed to being an adaptable company that can navigate and perform in the shifting economic environment.  This move allows us to provide our clients with the best possible service," said Leo C. Stawiarski, Jr., President and CEO.  Mr. Stawiarski has represented top financial institutions for more than 25 years.

 

With this move, LCS Financial has established an in-depth infrastructure through significant technological enhancements that increase collection capacity.  These investments will enable the company to quickly and efficiently meet the needs of top financial institutions and other high-volume portfolio clients. 

 

Mr. Stawiarski concluded, "Investing back in the business is so critical, especially in turbulent times.  We've made this commitment to provide our clients with the best service, technology and overall recovery solutions in the industry."

 

About LCS Financial Services Corporation
LCSTM Financial Services Corporation is an affiliate of LCSTM Receivables Management, LLC and a leader in post charge-off recoveries for the financial services sector. LCS Financial is backed by more than 25 years of experience in high-balance collections. Together, LCS Financial and its affiliated companies, span the recovery spectrum from loan servicing and nationwide collections to debt acquisition and sales.  To find out more about LCS Financial, visit www.lcsfin.com.



Media Contact:
Robyn Mahoney
LCS Financial Services Corporation
o: 888.485.8856
e: marketing@lcsfin.com
http://www.lcsfin.com

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