
We have many years of diverse experience in the acquisition,
management, and
work-out of non-performing and sub-performing assets, including selling and
collecting on such assets. Lawyers Recovery & Litigation Services often acquires assets that have complex
problems, including brownfields (i.e., environmentally-impacted properties),
second mortgages, judgments, charge-offs and deficiencies.
We....
- purchase charge-offs, deficiencies and judgments, and in some cases,
participate in joint ventures with debts owners in the recovery of money owed;
- provide consulting services on the acquisition, sale, or management of
certain assets;
- perform competent, ethical and aggressive collection work on receivables
and;
- purchase and work-out or otherwise enhance a distressed or complicated
asset.
Some of our clients include partnerships of the Resolution
Trust Corporation (RTC) and the
Federal Deposit Insurance Corporation (FDIC), financial institutions, large
corporations, and state governments (e.g., State of Maryland).
Over the last decade, Lawyers Recovery & Litigation Services has acquired
and sold over $3.3 Billion (book value) in sub-performing and non-performing
debt and real property.
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