The Standard in Bankruptcy Management

Benefits of Selling a Bankruptcy Portfolio

The benefits to a creditor of selling accounts to NCM are many, including:

Recognition of up-front cash

Cash for non-performing assets
Improve earnings
Reduction in loan losses
Accelerate cash flow
Time value of money

Elimination of legal risk for bankruptcy accounts

Reduce exposure to technical bankruptcy violations
Reduce risk of bankruptcy discharge (Chapter 7)

Reduction in bankruptcy collection expenses

Separate bankruptcy from collection accounts
Require less labor and attention
Reduce costs and legal fees

Elimination of bankruptcy management training and staff

Better utilize employees and capital
Eliminate reporting and collection issues from agency assignments

Reallocation of capital tied to bankruptcy administration to the core business

Re-Invest proceeds in core business
Reduce loan loss reserve