Distressed Asset Sellers Still Need To Be Active
The management team at Synovus Financial Corp. decided to be an aggressive seller of troubled assets after taking a look at the bank’s balance sheet and seeing what was coming up the pike. Kevin...
View ArticleGhosts of old loans haunt debt buyers’ targets
The page was mostly blank. It contained only a name, three words and a series of tiny numbers. But in Minnesota’s creditor-friendly court system, the page became the sole legal evidence that Darren...
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