Featured Guests:

Debbie Devassy

Shareholder, Askounis & Darcy

Debbie Devassy Babu is a shareholder at Askounis & Darcy, PC in Chicago. After graduating from the University of Illinois College of Law, Devassy Babu assisted in prosecuting and defending numerous cases stemming from the NorVergence equipment leasing fraud. She additionally defended an equipment finance company from the Federal Trade Commission’s challenge to floating forum selection clauses contained in equipment lease contracts, winning dismissal of that part of the Federal Trade Commission’s Complaint. She also successfully defended the same floating forum selection clauses in the Courts of Appeal for the Seventh and Eleventh Circuits and the Illinois Appellate Court.

Devassy Babu has handled a number of cases involving complex fraud schemes and appeals that have affected the equipment finance industry. She is a co-chairperson for the ELFA’s Amicus Curiae Subcommittee and is the chair of the ELFA’s Service Providers Business Council Steering Committee.

Devassy Babu concentrates her practice in complex commercial litigation, collections, bankruptcy litigation and appeals, representing clients nationwide. She is licensed to practice law in Illinois and numerous federal courts.

Deb Stibbe

AVP – Loss Mitigation Manager, U.S. Bank Equipment Finance

Deb Stibbe is the associate vice president-loss mitigation manager at U.S. Bank Equipment Finance. In this role, Stibbe is responsible for leading a team of specialists, with the objective to minimize losses and maximize recoveries within the portfolio. She is passionate about helping distressed customers find creative workout solutions.

Stibbe’s career with U.S. Bank Equipment Finance began 39 years ago. She is currently located in the Marshall, MN operations center and serves as a mentor to others within the default management team. Stibbe serves on the U.S. Bank Foundation and actively volunteers within the community at a local senior housing facility and Church.

In her free time, Stibbe enjoys flower gardening, and spending time with her family and her two grandchildren. 

Michael Levison

Chief Executive Officer, Resolvion, LLC

Michael Levison is the CEO of Resolvion, one of the nation’s largest repossession management companies, which handles almost 1 million repossession assignments annually and provides administrative and compliance services relating to approximately 250,000 actual repossessions annually. Levison’s career spans more than 40 years in the financial services sector.