Our Approach

Debt buying is a multi-billion dollar industry. Our clients buy delinquent or charged-off debt at a fraction of the debt’s face value, including but not limited to debt arising from business loans, credit cards, automobile loans, medical bills, mortgages, retail accounts, and utilities.

If a lender or company who extends credit is not able to collect payment on outstanding debt according to the terms of their financing, they may seek to recoup some of the loss. Rather than continue to wait for a debtor to pay off the delinquent debt in full, the creditor can turn to a debt buyer and transfer ownership of that account for a smaller return or to avoid having to utilize more of its cash to reserve for bad debt allowances.

After taking ownership of the delinquent accounts, our clients turn to us to help them pursue a variety of strategies to reclaim some value. Among them include structuring a new set of terms for repayment and settlement, applying new tactics and using agencies and law firms to compel repayment. We leverage the value of the outstanding, delinquent debt to realize a return on investment. We employ more flexibility than the original creditor in terms of how to go about recovering funds from the debtor. Furthermore, because the debt buyer acquired the debt at discounts that may be as low as pennies on the dollar, even small repayments on the accounts can translate into profit for the company.