<ARTICLE> 5
<LEGEND>
Note:  This schedule contains summary financial information extracted from the
Form 10-Q for the quarter ended June 30, 1997 and is qualified in its entirety
by reference to such financial statements.
</LEGEND>
<CIK> 0001029319
<NAME> ASSET RECOVERY & MANAGEMENT CORP
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   6-MOS
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