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A distressed asset
is frequently a nonperforming loan. With its market value less than initially
projected to be when the investment was originally made and often below the
asset’s current book value, prompt recovery of a distressed asset is key to
maintenance of healthy ratios. We frequently recover substantial portions of
distressed assets.
We represent banks, credit unions, industrial loan corporations, as well as
other corporate and governmental entities.
One of the many
courts in which we file collection suits
in the State of California:
Los Angeles Superior Court
111 North Hill Street
Los Angeles, CA 90012
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