UNITED STATES
		SECURITIES AND EXCHANGE COMMISSION
		      Washington, D.C. 20549

			   SCHEDULE 13D/A

	    Under the Securities Exchange Act of 1934
		       (Amendment No.    *)

                   Credit Management Solutions Inc
			 (Name of Issuer)

                           Common Stock
		  (Title of Class of Securities)

                              224905109
			    (CUSIP Number)

             Peter E. Salas, General Partner
		          of Dolphin Offshore Partners, L.P.
          		  c/o Dolphin Asset Management
		               129 East 17th Street
               		 New York, NY  10003
		                   (212) 982-5071
(Name, Address and Telephone Number of Person Authorized to Receive
		    Notices and Communication)

			                February 4, 2000
     (Date of Event which Requires Filing of this Statement)

     If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.

*    The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

     The information required on this cover page shall not be deemed to be
"filed" for the purpose of Section 18 of the Securities Exchange Act of 1934
("Act") or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).


1.   NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON: Peter E. Salas, as General Partner of Dolphin Offshore Partners, L.P.

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  ___

3.   SEC USE ONLY

4.   SOURCE OF FUNDS:  WC

5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
     2(d) or 2(e)

6.   CITIZENSHIP OR PLACE OF ORGANIZATION:  USA

7.   SOLE VOTING POWER: 643,659

8.   SHARED VOTING POWER:  0

9.   SOLE DISPOSITIVE POWER:  643,659

10.  SHARED DISPOSITIVE POWER:  0

11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 643,659

12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:  / /

13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 8.40%

14.  TYPE OF REPORTING PERSON:  IN


		      SECURITIES AND EXCHANGE COMMISSION
     			    Washington, D.C. 20549

           				 SCHEDULE 13D/A

		   Under the Securities Exchange Act of 1934

          CREDIT MANAGEMENT SOLUTIONS INC
    			       (Name of Company)

Item 1.   Security and Issuer.

     The title of the class of equity security to which this statement relates
is the Common Stock of Credit Management Solutions Inc., whose principal
executive offices are located at 5950 Symphony Woods Road, Columbia MD 21044

Item 2.   Identity and Background

     This statement is filed by Peter E. Salas, a United States citizen with a
business address at Dolphin Asset Management, 129 East 17th Street,NY,NY 10003,
as General Partner of Dolphin Offshore Partners, L.P. His principal occupation
is President of Dolphin Management Inc.  During the last five years, Mr. Salas
has not been convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors) nor been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction subjecting him to a judgement,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to, Federal or State securities laws or finding
any violation with respect to such laws.

Item 3.   Source and Amount of Funds or Other Consideration

     The 643,659 shares beneficially owned by Mr. Salas as General Partner
of Dolphin Offshore Partners, L.P.were purchased with the working capital
of Dolphin Offshore Partners, L.P.in open market transactions.

Item 4.   Purpose of the Transaction

     The shares of Common Stock were acquired for investment purposes only.

Item 4. Interest in Securities of the Issuer

     (a)  Mr. Salas is the beneficial owner of 643,659 shares of common stock
of the Company.  Such 643,659 shares constitute approximately 8.40% of the
shares of the Company's Common Stock outstanding as of February 10, 2000.

Item 6.   Contracts, Arrangements, Understandings or
	  Relationships with Respect to Securities of the Issuer

    Mr. Salas has the exclusive right to vote the shares of Common
Stock at any regular or special meetings of the shareholders of the Company
and/or any actions in lieu of meetings or shareholder proceedings.

Item 7.   Material to be Filed as Exhibits

Signatures

     After reasonable inquiry and to the best of his knowledge and belief, the
undersigned certifies that the information set forth in this statement is
true, complete and correct.

Dated: February 10, 2000
			      /s/ Peter E. Salas
			      --------------------
			      Peter E. Salas as General Partner
			      of Dolphin Offshore Partners, L.P.