Transparent and Ethical
Debt Purchasing Practices
At Greenhill Debt Management LLC, we follow transparent and ethical debt purchasing practices and possible outcomes for our clients. We are a highly regarded and experienced debt buyer. Through our valuation and stratification analysis, Greenhill Debt Management LLC., helps creditors make informed decisions.
Technology.
Technology is changing rapidly and the regulatory environment continues to evolve. Creditors need the right tools to navigate this rapidly changing marketplace.
Creditors are faced with many choices when it comes to optimizing the production of their accounts receivable. A strategy that may work during a period of growth may not make sense during a slow growth or recessionary environment.
One of the most common strategies used by debt buyers is to purchase accounts that are relatively new. This is because it is widely believed that the older a debt is, the more difficult it becomes to work with the consumer. We believe the right approach is to find the right solution for the consumer.
An important strategy is to maximize the selling price for a creditor and still make it possible for the debt buyer to make a profit. This can be done by negotiating with creditors or other debt buyers to obtain the most optimal purchase price.
Approach.
By purchasing debt portfolios, we help our clients convert credit losses into cash flow. Selling a debt portfolio allows a creditor to increase the efficiency of its cash flows, avoid further credit losses, and save valuable time.
When purchasing debt portfolios, Greenhill Debt Management LLC remains flexible: it is possible to purchase receivables of various ages and in various stages of processing – both recently overdue receivables as well as those already under enforcement proceedings.
Greenhill Debt Management LLC's professional and experienced team offers consumers flexible repayment options and contemporary payment solutions while ensuring the creditor’s brand remains untarnished.
Finally, debt buyers need to have an effective collection process in place. This may involve using a variety of collection techniques, such as phone calls, letters, and legal action, to maximize the chances of collecting the full amount owed.