Debt Purchasing
Working with banks, financial institutions, and other companies to identify potential debt portfolios that are available for purchase.
Hilco Global has extensive experience in debt purchasing. Once we identify a potential debt portfolio for purchase, we conduct thorough due diligence to assess the quality of the debt, negotiate the terms of the transaction, and ultimately purchase the debt. By offering this service, we provide a valuable solution for companies looking to monetize their debt and optimize their financial resources. A more detailed summary of our comprehensive approach is provided below:
- Identify potential debt sellers: Our first step is to identify potential debt sellers. This can be done by reviewing public records or working with financial institutions and creditors to identify opportunities to purchase debt obligations.
- Conduct due diligence: Once potential sellers have been identified, we conduct a thorough analysis of the debt obligations being offered for sale. This includes reviewing the terms of the debt, the creditworthiness of the debtor, and any legal or regulatory requirements related to the debt.
- Negotiate purchase terms: Our team will negotiate with the seller to agree on the terms of the debt purchase. This may include the price of the debt, the timing of payments, and any other conditions or requirements.
- Complete the purchase: Once the purchase terms have been agreed upon, we will complete the purchase of the debt obligations. This may involve transferring funds to the seller or, in certain cases, assuming the debt obligations on behalf of the creditor.
- Manage the debt: After purchasing the debt, we will manage the debt obligations to maximize the value of the investment for stakeholders. This may include working with debtors to restructure or refinance the debt, pursuing legal action to collect on delinquent debts, or selling the debt to another investor.
- Monitor performance: Finally, our team will monitor the performance of the debt portfolio to ensure that it continues to meet the company’s investment objectives. This may involve regular reporting and analysis of the portfolio’s financial performance, as well as ongoing management of the debt obligations.