Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Denhart Douglas R
 2. Date of Event Requiring Statement (Month/Day/Year)
04/14/2009		 3. Issuer Name and Ticker or Trading Symbol
DEBT RESOLVE INC [DRSV]
(Last)
(First)
(Middle)
C/O DOUGLAS HOLDINGS, LLC, 100 NEWPORT CENTER DR., SUITE 200		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEWPORT BEACH, CA 92660		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 2,885,000
D
 
Promissory Note (1) $ 34,990
D
 
Common Stock (2) 450,000
I
Owned by daughter
Common Stock (3) 975,000
I
By sole member, Douglas Denhart
Common Stock (4) 140,000
I
Owned by wife

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Denhart Douglas R
C/O DOUGLAS HOLDINGS, LLC
100 NEWPORT CENTER DR., SUITE 200
NEWPORT BEACH, CA 92660		     X    

Signatures

/s/ Douglas R. Denhart 02/17/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On February 8, 2008, Debt Resolve Inc. issued a promissory note in the principal amount of $55,000 to Douglas Denhart in exchange for a cash payment in the amount of $55,000. The total amount owed on the note, including the principal and any and all penalties, fees and accrued interest, is $34,990 as of the date of this filing.
(2) The 450,000 shares indicated are owned by Mr. Denhart?s minor daughter.
(3) The 975,000 shares indicated are owned by Douglas Holdings LLC, of which Mr. Denhart is the Managing Member.
(4) The 140,000 shares indicated are owned by Mr. Denhart?s wife.

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