We Purchase Bankruptcy Accounts

Funding within 48 - 72 Hours

Program for Auto Dealers

Funding within 48 - 72 hours.

No minimum / maximum accounts.

Will pay 30% - 35% of the principal balance.

Documents Needed:

Pay history


Title/Lien Statement

Gap warranty if applicable


How the Program Works

One time purchase of bankrupt account portfolio

On-going flow purchase of bankrupt accounts

Purchase active chapter 13 secured and unsecured accounts and secured

chapter 7 accounts where collateral intent is to reaffirm or retain and pay

Benefits of Selling Accounts in Bankruptcy

Immediate cash proceeds / ability to make new performing loans

Eliminate exposure to high-risk borrowers

Reduce cost related to monitoring and collecting accounts in bankruptcy

Reduce legal and filing costs caused by dealing with the bankruptcy courts

No longer the risk of an adversary proceeding in bankruptcy

More efficient allocation of internal resources

Contact Stan Jones, Dealer Consultant


Email: contact@ownernotesales.com




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