Delinquent Commercial Debt
Businesses Selling to Other Businesses, Delinquent Receivables, Court-Awarded Judgments
Why is Delinquent Debt so Marketable?
Because the status of the debtor changes; there are strict procedures at collection agencies; and there is a HUGE 300-500% profit potential!
Why do Companies Well their Delinquent Debt?Several very good reasons…
- Delinquent debt is a marketable asset.
- The debt or "liability of the debt" is eliminated.
- The non-performing accumulated accounts are eliminated.
- Up-front cash value.
- Payments on every account.
- Indemnification of seller.
- Collection procedure/process is completed.
How do you Pre-Qualify a Portfolio?
Easy. First target ORIGINATORS and verify their ownership of the portfolio. Then check the statute of limitations geographically.
How do Consultants get paid?
Consultants get paid a percentage of the amount paid for the portfolio.