We are part of a well know investment firm and are looking to speak with decision makers at large banks or mortgage lenders who manage bankruptcy services and have been customers of companies like these:
-national bankruptcy services
-beckett & lee
-national data center
these decision makers should have perspective on the needs of their banks, how they use these services, the number of employees dedicated to bankruptcy management, the resources they use, how much they recover in a given bankruptcy, etc.
For added context of the conversation, we would be interested in addressing the following questions:
- describe briefly how your company utilizes these services?
- have you been a customer of bankruptcy notification services? For what types of debt? Once you are notified, what
resources do you utilize to manage the bankruptcy through the life cycle?
- can you describe whether these services are more or less relevant for unsecured vs. Secured debt?
- how important is the quality of the data received by your notification provider?
- how important are these service providers to your bankruptcy recovery efforts?
- how large is the team that is dedicated to bankruptcy recovery? How has that changed in the last 3 years?
- do you expect to rely on your bankruptcy service providers more or less in the next 3 years?
- has your company taken any strategic action to better manage their bankrupt accounts in the last 3 years?
Thank you.+undefined Other Responses
Customer Bankruptcy Portfolio
We are market testing a sales-oriented bad debt prevention innovation and professional representation business model designed to pull lost profits, assets and customers back from the brink. Early testing has yielded an extraordinary increase in contract assumptions from secured and unsecured bankrupt customers.
Seeking high-volume, u.S.-based b2b customer bankruptcy portfolio from an executory creditor wishing to receive payment in full and retain emerging customers. Creditor will pay a nominal per-account clerical fee of $55.
If you lease, rent, finance, franchise, license, maintain & support, warehouse or provide retained professional or other ongoing services, your bankrupt customers’ credit agreements will likely be treated as executory contracts by debtors’ attorneys and court trustees.+2 Other Responses
My company has been working in korea for a number of years with a korean partner. However this partner appears to be on the verge of bankruptcy, owing us a significant amount of money ($m's). I would like to find advice on the best processes to take to recover as much money as possible and what to do in the case of bankruptcy of this partner.+4 Other Responses