It's been a good year in the receivables management market. Earlier this month Credit Corp reported a 26 per cent increase in earnings and yesterday Collection House reported that it too had increased net profit by 26 per cent.Collection House made a net profit of A$12.7 million in the year to June - up from $10.1 million in the previous year.The company's debt ledger acquisitions increased from $49.1 million in 2010/11 to $61 million last financial year. During the year the company established a commission collections business and now has all four major banks as clients.The company also established an international division, based in Manilla, which has hired 39 staff since starting in April.Former Bank of Queensland chief executive David Liddy was appointed chairman this year. Liddy said in a statement that the board was committed to improving three key metrics: return on equity, which was a modest 11.6 per cent; gearing ratio; and the EBIT margin.