The Problem
Vehicle repossession and liquidation was never a good option for creditors. This has been the best way to mitigate your losses - until now! Consider the following example...
| Securing the vehicle | $250 | Taking possession of a surrendered vehicle costs you! |
| Reconditioning | $200 | |
| ...and then | ||
| the costs to sell it | $150 | |
The Solution
You can lock in a higher value today!
722 Redemption Funding, Inc. will guarantee a higher than auction value and pay you in a lump sum now.
Why take a chance at auction? Our fast funding allows you to focus on other accounts.
Settlement Proposal for ABC Bank
| Date: | June 2009 |
| Debtor(s): | John Q. Doe |
| Vehicle | 2008 Chevrolet Impala LT VIN #ABCDEFGHIJKLMNOPQ 21,453 miles |
Problem
Chapter 7
Surrender = Liquidation Auction Value
Documented Audtion Value = $10,250
(Using recent auction sales - available upon request)
| Less Reconditioning | $200 |
| Less Repossession | $275 |
| Less Depreciation | $150 |
| Less Auction Fees | $150 |
| Net Recovery | $9,475 |
Solution
Chapter 7
Creditor Direct Funding
Accept our retail offer
$11,900
paid within 15 business days
Additional Value Recovered:
$2,425.00!
Benefits:
- Win-Win: You get higher than auction values while debtors get a drastically reduced loan balance.
- Fastest funding: Upon reaching a settlement, we can often provide funding within 15 days.