as a debt portfolio management company. It engages in purchasing defaulted, unsecured, consumer receivables in the secondary market and collections through an outsourced collection network, as well as in the resale of portfolios. The company, through its subsidiary, IP Resources International, Inc., focuses primarily on licensing various technologies and patents from companies that need operating capital or that need help commercializing their technology, and sublicense such technology in designated territories, including Asia, Europe, and Brazil. Hanover Portfolio Acquisitions, Inc. is headquartered in Woodland Hills, California.finance.yahoo.com/q/pr?s=HVPA