Experience the Benefits of our Professional Approach to Receivables Management

Our Story


Since 1954, Creditors Adjustment Bureau (CAB) has been helping companies increase cash flow and reduce bad debt. As both an agency and a law firm specializing in commercial collections, our unique combination enables us to maximize recovery, while providing exceptional customer service.

From amicable resolution to legal action, the team at CAB has developed the most comprehensive recovery services available. CAB’s collection professionals and attorneys work diligently behind the scene to investigate a debtor’s credit worthiness, assets, outstanding judgments, bank accounts, existing tax liens and business owner’s financial involvement. This allows CAB to fully understand the viability of the debt and collect quickly or make the proper recommendations if potential legal action is necessary.

Our fundamental approach will motivate and educate customers to pay more promptly in the future while preserving customer goodwill. We believe that anything less is not a total credit management solution. When you choose us to handle your delinquent accounts, you will quickly notice how The CAB Edge delivers superior results.

Principals

Brian L. Mitteldorf

Brian L. Mitteldorf comes from a family that has specialized in commercial collections for multiple generations. Brian has been actively involved with CAB for most of his professional life, offering him a unique perspective on the industry’s ever-changing landscape.

Brian holds a Bachelor of Arts degree from UCLA. He joined CAB in 1989 as head of marketing. He assumed the role of Chief Operating Officer in 1992, and became company President in 2000. Today, Brian oversees CAB’s daily operations, including client communications and marketing. He also supervises staff members responsible for collections, finance, accounting and administration.

Over the past decade, Brian has led CAB to extend its global reach, with a focus on the Pan-Asian, European and Latin American markets. Additionally, Brian is highly regarded for his expertise in the area of bankruptcy. His extensive knowledge has resulted in successful negotiations on behalf of clients for “critical vendor” status and securing higher distributions for priority claims, administrative claims, and general unsecured claims. Brian has also served on many large and important Creditors’ Committees. Most recently, these have included companies such as General Wireless (RadioShack), Payless ShoeSource, Lily Robotics, Beaulieu, IronClad Performance Wear, ATD, and Advanced Sports Enterprises. As a result, Brian has developed a vast network of alliances with law firms, financial advisors and restructuring professionals across the country.

Brian is married and has four children, which means he has little to no free time. However, when the stars align just right, he enjoys cigars, great wine, fine scotch and golfing.

Kenneth J. Freed, Esq.

Ken obtained a Bachelor of Arts degree from the University of California, Santa Barbara, in 1983. He was President of the Honors Society, graduated with the Highest Honors, and was the recipient of the Department of Psychology Chair Person’s Award in recognition of his contribution to psychology majors and to the Department in matters of undergraduate affairs. He then attended USC Law School, where he received the American Jurisprudence Award for excellent achievement in the study of Constitutional Law. Ken received his Juris Doctorate degree in 1986. He immediately passed the California State Bar and was admitted to practice in December of that year.

Ken began his legal career with the law firm of Haight, Dickson, Brown & Bonesteel in Santa Monica, California. This firm was one of the largest and most prestigious in Southern California and specialized in insurance defense and large toxic tort litigation matters.

In 1991, he became a partner at CAB and founded the Law Office of Kenneth J. Freed. He has since been specializing in legal commercial collections and mechanic’s lien law. Ken has filed more than 15,000 commercial litigation cases. He oversees the work of his staff attorneys and paralegals, and has built one of the premier commercial litigation practices in California.

Ken is married and has three children. He is an avid sports fan. He balances his working hours and maintains his sanity by surfing, when the opportunity presents itself. His hobbies also include gardening and maintaining a collection of museum-quality Bonsai.

Our Philosophy

We are staunch advocates of creditors’ rights. If someone owes you money, you have the right to collect. We can help you manage the process.

 

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