After years helping other businesses succeed, Resolve co-founder and CEO Alex Mooradian was looking for an opportunity to sink his teeth into. Specifically, he was looking for a way to use technology to help the average American manage daily financial life. When he stumbled on some YouTube videos on the debt industry produced by Michael Bovee, who had been giving free advice to financially distressed people for almost two decades, Alex knew he’d found something unique.
“I knew that the way Michael was talking about debt, and what he was doing to help people pull themselves out from under it, was different than anything I’d seen in the industry,” Alex recalls. “This is unfortunately a world that is full of companies who do not have consumers’ best interests in mind.”
Alex reached out to Michael to pitch him on the idea of a software platform that would scale the advice he’d been giving one-on-one to consumers for years.
“Alex’s first question to me wasn’t ‘How can we work together and make money?’” remembers Michael. “His first question was, ‘How can I help you help more people?’”
Alex and Michael founded Resolve in 2017 and have since helped tens of thousands of people use Resolve’s guidance to handle more than $1.5 billion of distressed debt. And they’re just getting started.