-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PBHBa16nIES9w1i8pg3yN2rMA6s8rw5wSHa56PU+rJ6KkOmqcVVrb6/d9w7YHW30
 CdXaeu6oTmyHqvq76B/LCQ==

<SEC-DOCUMENT>0000911420-07-000404.txt : 20070518
<SEC-HEADER>0000911420-07-000404.hdr.sgml : 20070518
<ACCEPTANCE-DATETIME>20070518133955
ACCESSION NUMBER:		0000911420-07-000404
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070427
FILED AS OF DATE:		20070518
DATE AS OF CHANGE:		20070518

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DEBT RESOLVE INC
		CENTRAL INDEX KEY:			0001106645
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				330889197
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		707 WESTCHESTER AVE
		STREET 2:		SUITE L7
		CITY:			WHITE PLAINS
		STATE:			NY
		ZIP:			10604
		BUSINESS PHONE:		9149495500

	MAIL ADDRESS:	
		STREET 1:		707 WESTCHESTER AVE
		STREET 2:		SUITE L7
		CITY:			WHITE PLAINS
		STATE:			NY
		ZIP:			10604

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LOMBARDIA ACQUISITION CORP
		DATE OF NAME CHANGE:	20000214

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DERING KATHERINE
		CENTRAL INDEX KEY:			0001208863

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33110
		FILM NUMBER:		07864094

	MAIL ADDRESS:	
		STREET 1:		PROVIDENT BANCORP INC
		STREET 2:		400 BELLA BLVD
		CITY:			MONTEBELLO
		STATE:			NY
		ZIP:			10901
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p238400452_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-04-27</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001106645</issuerCik>
        <issuerName>DEBT RESOLVE INC</issuerName>
        <issuerTradingSymbol>DRV</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001208863</rptOwnerCik>
            <rptOwnerName>DERING KATHERINE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O DEBT RESOLVE, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>707 WESTCHESTER AVENUE, SUITE L7</rptOwnerStreet2>
            <rptOwnerCity>WHITE PLAINS</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10604</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Senior Vice-President Finance</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Common Stock Option (right to purchase)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>4.75</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2007-04-27</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>50000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2007-04-27</value>
            </exerciseDate>
            <expirationDate>
                <value>2014-04-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>50000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>200000</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Not applicable.</footnote>
        <footnote id="F2">On the date hereof, the Reporting Person directly beneficially owns options to purchase 200,000 shares of common stock, par
 value $0.001 per share of Debt Resolve, Inc., all of which are currently exercisable.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Katherine Dering</signatureName>
        <signatureDate>2007-05-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----