Judgments

Often times, attorneys can obtain judgments, but cannot recover them cost-effectively. Edgefield’s recovery platform eliminates downside risk for clients while maximizing upside. Edgefield is able to evaluate judgments quickly and provide guidance as to which structure is best suited to result in the best outcome.

NPLs

Non-Performing Loans or (NPLs) are distressed debts that have not yet been reduced to a judgment which can be either secured with collateral or entirely unsecured. Edgefield’s principals have bought non-performing loans from banks in excess of $6BB post-financial crisis and have experience underwriting, acquiring, and monetizing commercial recourse loan assets nationally.

• Edgefield purchases portfolios of charge-offs for cash.

• Can provide best pricing if Counter-party furnishes obligor financial records. Full history of financials dating back to loan origination is very helpful if available

• Edgefield makes a cash bid to acquire the portfolio

• Should Counterparty lack sufficient information on the obligors, a sale with simple economics may be structured, which requires no due diligence

• Charge-offs are assigned to Edgefield

• Edgefield advances all recovery costs at its own risk

• Net recoveries are split evenly with Counterparty on a quarterly basis

• Edgefield has track record of success recovering material amounts from obligors starting with little or no information

• For Counterparties that do not desire to transfer title to a portfolio of charge-offs

• Edgefield acts as consultant in recovering on the portfolio following economics identical to Option 2