Debt Purchase

DEBT PURCHASE: In its simplest form, debt purchasing is a process whereby an entity ( or individual) sells a right to performing or non-performing future income to a purchasing company for a discounted cash payment, whereby the purchasing company assumes the risk of payment. The Worldwide Asset Group has been involved in hundreds of successful transactions and has purchased interests in a variety of debt. ADVANTAGES: - immediate cash payment -no credit check - increases liquidity on balance sheet - decreases administrative, tracking and collection expenses - administrative ease in closing transaction - additional bonus perks in doing business with Worldwide Asset Group - transfers risk of payment to Worldwide Asset Group - monies either wired or hand delivered at your request TYPES OF ASSETS SUBJECT TO PURCHASE AND LIQUIDATION: -consumer and commercial receivables (whether charged off or performing) - promissory notes (whether secured or unsecured, peforming or non performing) - consumer and commercial judgments (whether arising out of tort or contract) - statutory liens ( mechanics, artisans, judgment, security interests, warehousemans, municipal,) - consumer and commercial leases (whether performing or nonperforming) - structured settlements - tax liens - royalty streams - inheritances and trust advances PROCEDURE: Send all of the information and pertinent documents (via e mail or mail) to the appropriate address and we will contact you no later than 72 hours after receipt. Please call with any questions regarding documents needed or general questions regarding procedure for valuation.