
Becoming the latest addition into a bankruptcy lead is just one of the many things that a company can expect once they make a filing. What happens before you are added to a bankruptcy lead listings is something that many company owners need to be fully aware of especially considering the fact that you should expect a different experience than one would expect with a personal or individual case. It is a very unfortunate reality that a huge number of businesses gets added into its the bankruptcy listings every single year and these numbers only increase when the local and global economies come under pressure. A lack of financial mismanagement and market planning are the most common causes that can contribute to a company that struggles financially as well as poor cash flow management.
Financial management and market planning are a huge necessity with all types of companies but unfortunately many struggle with these principles. It is true that it is not always the fault of the company as economical factors can have a huge influence over its stability. It is a sad truth that as I write this article business bankruptcy listings are set to grow and this is indeed due to a global economy which is reaching breaking point. Once a business goes through the process of filing a case with the court it is in most cases reasonable to expect it to be much more severe than when an individual consumer makes a filing and this is especially true. Being added to a business bankruptcy lead list will be the last thing that will be given any thought whilst the case is dealt with.
This list you will have to list all debts that are owed and you will also be expected to meticulously and accurately list every single asset which holds any tangible value and is attributed to the business. Any monies which are owed. through bonds and mortgage lenders will not be discharged and this is a fact that owners of businesses need to be aware of. Any creditors that are owed money can secure the value of any debts which are still outstanding through the assets which are tied to the company. In this situation the creditor has the power to force the company in question to be dissolved which can be a more than devastating situation for any business to find themselves in.
The sad fact is that on top of all the other problems that these people will be faced with at a time where they might be in a great deal of debt and financial instability they will most likely start to receive a lot of mail through the post because their details have been made available on a lead list of bankruptcy filings.
If on the lead list you are probably still in the process of analysing the mistakes that you made with regards to the financial management side of your business or you are one of those unfortunate people who felt the full force of a harsh economy. An economy which at this moment in time is on a downward spiral on a global scale. We are facing difficult times ahead so in all likelihood many more companies find themselves being added to a bankrupt companies list.
Mortgaging firms, these individuals are top prospects for your subprime business because traditional lenders would require them to rebuild their credit in order to qualify. Often these prospects may have significant equity in their homes, but are cash poor and, after discharge, are left with no way to gain consumer credit. Your refinance offer may be their best option for getting the cash they need.
Our bankruptcy list data is collected from courthouse information of all of the latest bankruptcy filings and releases. With monthly updates to this list, you will reach these prospects first.
Here are a few of the options available from our bankruptcy lead lists: and 13 bankruptcies
• Status of Filed, Discharged, Dismissed, Converted
• Filing and Release Date
• Individual or Joint Filing
You may also select from the following additional information for your bankruptcy lead lists:
-Adjustable Rate
-Aggregated Credit Score
-Age
-Commercial Property Owners
-Demographic and Lifestyle Data
-Dwelling Type
-Ethnicity
-Gender/Sex
-High bank card debt
-Home Value
-Homeowner or Renter
-Income
-Interest Rate
-ITA Aggregated Conversion (450-850)
-Lender Name
-Length of Residence
-Loan Amount
-Loan Date
-Loan Type
-Loan to Value
-Non-conforming
-Phone Number
-Refi/Home Equity
-Square Footage
-Telephone Number
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