Testimonials
TRUSTEE
CREDITOR
CREDITOR
"I wish I had heard about AARG many years ago. Takes about 5 minutes to complete their intake form and they respond within 48 hours to let me know if they're interested in paying the Estate for an asset that will be abandoned."
CREDITOR
CREDITOR
CREDITOR
"We're thrilled that the Trustee found AARG to realize monies for the Estate that otherwise wouldn't have been realized from abandoned assets."
Attorney
CREDITOR
Attorney
"AARG's disposition process is very straight forward. We simply initiated a Motion to Sell at the existing debt and encumbrances, plus AARG's recovery fee. It was unopposed, although we would have been happy to have an overbid. Asset was transferred from Estate to AARG via simple Quitclaim. Great way to extract value from an asset scheduled for abandonment."
just 5-10 minutes may lead to more $ for your creditors
Example Situation
Background:
Bankruptcy estate has a real estate asset that is valued at $1,500,000 with total secured debt in the amount of $1,450,000. After sales commissions and other expenses, there is zero amount to be recovered for the bankruptcy estate.
Process:
Bankruptcy completes Intake Form and submits to AARG:
Property Type: Commercial
Property Valuation: $1,500,000
Property Secured Debt: ($1,450,000)
Bank Arrears, Unpaid Penalties + Interest: ($150,000)
Monthly Tenant Rents (Current): $2,500
AARG Offer:
AARG offers bankruptcy estate $5,000 and estate sells property to AARG for $1,605,000 = $1,450,000 principal balance + $150,000 unpaid penalties + interest + $5,000 AARG payment.
Net Result:
Bankruptcy estate realizes a positive gain of $2,500 versus losing $2,500 to file an Abandonment motion.
24-Hour Response
Click on the link below to submit an Intake Form for the asset you wish AARG to consider acquiring. Should take no more than 5-10 minutes.