JUDGMENT RECOVERY
DEBT ACQUISITION /
DEBT PORTFOLIO LIQUIDATION


  • US and INTERNATIONAL COLLECTIONS
  • us and international services
    judgment recovery
    debt acquisition / debt portfolio liquidation / debt evaluation and brokerage
  • BUSINESS REORGANIZATIONS / LIQUIDATION / WORKOUTS / RESTRUCTURING

us and international services
judgment recovery
debt acquisition / debt portfolio liquidation / debt evaluation and brokerage





JUDGMENT RECOVERY
US / INTERNATIONAL



Obtaining a judgment is usually not an issue. Collecting the judgment, especially in foreign countries is the problem. Similarly, judgments procured in the US can be equally challenging to recover. Judgments against individuals / entities where the assets / income are positioned / concealed in Foreign Asset Protection Trusts (FAPT), can be very difficult.


MLG's resident professionals have performed the impossible by obtaining collections in these scenarios.

The majority of international collection professionals would normally consider these types of judgments as "judgment proof" or uncollectible, but not MLG. Recovery results have been achieved in every state in the US, China, Russian Republic, Taiwan, Hong Kong, Japan, Singapore, El Salvador, Guyana, Peru, Guatemala, Dominican Republic, Panama, UAR, Nigeria, Tanzania, and all European countries, and FAPT jurisdictions regardless of legal obstacles.


Judgments have been collected in record time even after prior / unsuccessful handling over many years by "collection legal professionals". An example is an assignment of a prior handled ten year old, 7 figure Judgment in behalf of a Fortune 100 company, which was settled in 30 days. At MLG, immediate collection results, are the rule, not the exception.



DEBT ACQUISITION



Debt acquisition of accounts, judgments and all types of debt is offered. All proposed debt purchases / assignment, are subject to comprehensive due diligence and review. Only commercial debts / judgments, governmental judgments / claims, international judgments / claims, and non- statute of limitations lapsed matters are considered.




DEBT PORTFOLIO LIQUIDATION



Portfolio liquidation / collection of accounts, judgments, notes, and related debts, in the US and globally, is conducted on an expedited basis in order to maximize recovery. Normally, the portfolios are assets of Fortune 1000 companies and large public / private firms. Additionally, portfolios of accounts have been assigned based on bank's liquidating this security of a commercial customer. As examples, 90% of this type of portfolio was collected in less than 6 months for a bank, and 95% recovered for a Chapter 11 debtor in possession, public held corporation client, which included disputed accounts with counter claims.



DEBT EVALUATION AND BROKERAGE



Portfolios of indebtedness and individual debt matters are evaluated as to the prospects for recovery. In lieu of purchasing debt, MLG can globally broker the portfolios, to insure the highest purchase price.



" simply the best! .....collected 90% of the multi-million dollar portfolios.... for this public held company"



Chief Financial Officer

Public Held Company



" amazing results - collected disputed debt from public company in india in 30 days after attorney demands for payment and many months attempting to get the debtor to even respond".



Attorney for US Company / Creditor



PERFECTION IS ACHIEVED NOT WHEN THERE IS NOTHING MORE TO ADD, BUT WHEN THERE IS NOTHING LEFT TO TAKE AWAY.



The information herein should not be construed as legal, financial, or accounting advice.


Copyright 2020 MLG LLC.

All rights reserved.



MLG LLC