Bankrupt Debt Purchasing

Accelerate Your Cash Flow

Sell your consumer bankruptcy debt to one of the largest buyers in the country

For most lenders and credit issuers, bankruptcy losses are inevitable and once again on the rise. But that’s no reason to pour money into staff and infrastructure to mitigate losses and pursue dollars from bankrupt accounts.

B-Line, LLC can help you turn potential losses into immediate revenue, with which you can invest in your core business inititiatives. Whether you're a debt buyer or a large financial institution, an auto finance lender or a major retailer, we can accelerate your cash flow - enabling your to improve your balance sheet and bottom-line profits.

5 REASONS

To Sell Your Consumer Bankruptcy Debt

1. Receive immediate cash

2. Mitigate risk exposure

3. Help meet revenue goals

4. Improve forecasting

5. Lower debt recovery costs

Consumer Bankruptcy Debt Is Our Only Focus

In the last decade, we have purchased over $35 billion in secured and unsecured consumer bankruptcy debt, making us one of the leading purchasers in the country. More importantly, bankruptcy debt recovery receives our undivided attention. It is our absolute focus — and the special expertise of everyone at B-Line.

We work with many types of asset classes and handle bankruptcy issues in every state and jurisdiction, so we’re able to ensure smooth and successful transactions. Whatever your constraints or requirements, you can put your trust in a process so easy that lost revenue will be returned quickly, and with little impact on your internal resources.

Our Proprietary Platform Results Industry-Leading Value

Whether you choose to sell assets as a one-time sale or on a forward-flow basis, you'll always receive the best value in the industry. We're able to deliver on this promise due to our proprietary platform, which has been finely honed over the years to include maximum efficiency, industry best practices, and the highest level of security for each phase of the bankruptcy recovery process.

Thanks to our dedicated bankruptcy focus, proprietary automated processes, and long track record of success, our clients benefit from:

Credibility: Our reliable and trustworthy business practices protect the credibility and reputation of our clients throughout the bankruptcy recovery process
Knowledge: Our focus on consumer bankruptcy keeps us up-to-date on the complex intricacies of bankruptcy law, procedures, and opportunities
Compliance: You can rest assured that our processes and procedures are fully compliant with applicable federal, state, and local requirements
Oversight: Hands-on involvement by B-Line’s senior managers brings unmatched expertise to every transaction
Service: Our friendly, accommodating customer service emphasizes client ease and custom solutions, so you can close transactions quickly and without frustration
Control: In-house management of debt purchases enables us to maintain our high quality standards and offer the highest possible pricing
Technology: Our processes are backed by state-of-the-art technologies and are continually updated to maintain a secure, agile infrastructure, easily adapted to industry trends and regulatory changes

We Do All The Work So You Can Avoid All The Trouble

Our approach to working with clients is surprisingly simple, given your potential revenue gains and the complexities of bankruptcy debt recovery:

One-Time Bulk Purchases

We start by asking for a file of the assets you would like to sell, conduct our due diligence, and send you a pricing proposal. After reaching an agreement, you deliver your portfolio in whatever file format is most convenient. Then, when the sale is complete, you receive payment of the purchase price and simply code your accounts as sold.

Forward-Flow Agreements

Like bulk purchases, we start by asking for a file of your consumer bankruptcy debt portfolio. We review the accounts and establish a price for future sales within a fixed time period, such as one year. From there, your send your latest bankrupt accounts (which we can identify for you) on a regular schedule in a file format of your choice, and we execute the sale.

Client Services

We offer many client-targeted solutions for purchasing and servicing of accounts. Of special interest to holders of bankruptcy debt are:

Electronic Bankruptcy Notification (EBN)

Our automated EBN process notifies you of bankruptcies, sparing your staff the time it takes to open, sort, and process high volumes of mailed notifications.

Proofs of Claim

We file proofs of claim for bankrupt accounts on your behalf, saving you time and expense and ensuring that each claim is accurate and filed on time.

Bankruptcy Unclaimed Funds

We do the legwork on unclaimed bankruptcy funds, tracking down every possible payment that’s due you from past bankruptcy accounts.