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Bankruptcy
Purchasing
PRA purchases secured and unsecured consumer bankruptcy debts included in Chapter 13 cases across all markets: credit cards, installment loans, auto deficiencies, healthcare, utility, retail and telecommunications. We offer competitive pricing and customized terms for both bulk and forward flow deals, and we can close deals quickly and confidentially. Selling accounts on a forward flow basis allows your company to more reliably forecast expected recoveries, while at the same time reducing your exposure to high risk debt accounts.
Servicing
Through PRA Receivables Management, LLC, we will manage your bankrupt accounts and maximize your company’s recoveries. Using our proprietary Bankruptcy Management System, we electronically monitor and notify you with new case filings and case status changes. We also file proofs of claim in Chapter 13 cases. You will have 24 hour secure web access to review your accounts or conduct audits of your portfolio. We work on either a contingent fee basis or offer a menu of pricing options dependent upon the level of servicing.
For more detailed information on each of our purchasing and servicing offerings please follow the links below:
> Bankruptcy Account Purchasing & Servicing >
> Residential Utility Bankruptcy >
Please contact our Bankruptcy marketing team below for more information:
Michael J. Petit
Senior Vice President,
Bankruptcy Acquisitions