We Buy These Non-Performing Auto Loans
Bankruptcy - Charge-offs - Auto Deficency Loans
Performing and Non Performing Accounts
Funding within 48 - 72 hours!
No minimum, No maximum number of accounts.
Documents Needed:
- Pay history
- Contract
- Title/Lien Statement
- Gap warranty if applicable
- GPS
How the Program Works
- One time purchase of bankruptcy accounts portfolio
- On-going flow purchase of bankruptcy accounts
- Purchase active chapter 13 secured and unsecured accounts
- 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
We purchase the following types of portfolios:
1. Bankruptcy accounts
2. Consumer charge-off accounts
3. Auto deficiencies balances
4. Performing auto loans
5. Non-Performing auto loans
You can email the accounts to us on an Excel spreadsheet to:
contact@ownernotesales.com
Sell your Non-Performing Notes to us. We Absorb All The Risks!
Get Funded In 3 Business Days!