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Jonathan Koop CEO of BK Debt Buyer

Buy BKs Via EverChain Securely & Efficiently

Hear what Jonathan Koop, founder & CEO of Bankrupt Debt Services, has to say about purchasing BKs via the EverChain bankruptcy transaction marketplace for the past 5 years. Having been in the industry of purchasing and servicing bankrupt receivables for over 12 years, he has closed on thousands of bankruptcy purchases resulting in transactions of millions of individual consumer records - all securely and efficiently. "The EverChain platform has had a significant positive impact on several aspects of my bankruptcy transactions including due diligence, ease of transaction and post-sale support. EverChain's platform provides hours of time saved on each transaction.  It provides a more secure and compliant process.  And ultimately saves me and my company an infinite amount time and money associated with the process of purchasing bankrupt accounts."  Hear more in the video below!

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ARE YOU TAKING UNNECESSARY RISKS WITH YOUR CUSTOMERS' PII?

Taking Unnecessary Risks With Consumers' PII?

ARE YOU TAKING UNNECESSARY RISKS WITH YOUR CUSTOMERS' PII?

As a lender, you are entrusted with large amounts of Personally Identifiable Information (PII) about your consumers and, according to several federal statutes protecting PII,** you are responsible for the security of that data. As the originating creditor, you likely have security and access protocols in place to protect this data while it remains inside your organization. But what happens when you sell or place your nonperforming accounts on the secondary market? Is your consumer’s PII still protected? 

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Tips for Compliant Debt Buying from EverChain

Tips for Compliantly Buying Debt

This article was published in Cornerstone's newsletter on April 19.

Table of Contents
5 TIPS FOR MITIGATING RISK WHEN BUYING DEBT
1. Strategy
2. Segment
3. Security
4. Due Diligence
5. Post-Sale
5 OBSTACLES THAT PREVENT CREDITORS FROM SELLING DEBT
1. Perception of Risk:
2. Lack of Resources:
3. Lack of Due Diligence:
4. Lack of Transparency:
5. Lack of Benchmarking Data:
5 REASONS WHY CREDITORS SHOULD SELL DEBT: THE PROS
1. Why Sell Debt?
2. Why Use a Broker?
3. Why Oversight and Compliance?
4. Why Technology?
5. Why Now?

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Brooke Teal featured on Receivables Roundtable

Receivables Roundtable EverChain: Puppies & Philanthropy

Take a break with Brooke! You’ll hear about everything from puppies to court litigation in this episode as Receivables Roundtable Founder, Adam Parks talks with Brooke Teal, Vice President of Business Development at EverChain, about how her creditors rights background as an attorney led to her current role. Hear about how she and the team give back to their communities and improve the debt cycle for consumers through increased compliance and account tracking.

You can view a recording of the episode and get all the details from Matthew and Daniel.

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5 Whys of Debt Sales Webinar

Are you a creditor considering selling your non-performing loans on the secondary market? There are 5 key questions to ask yourself when evaluating the benefits and risks of selling debt. In this timely and informative webinar, you’ll hear from a panel of industry leaders who will discuss the 5 Whys of Debt Sales in detail. You’ll gain powerful insights into mitigating risk, ensuring compliance oversight, and optimizing ROI when selling debt. You will also learn best practices that will set you and your business up for success as you optimize recovery efforts.

View the Recording below by clicking on the image.

HubSpot Video
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Receivables Roundtable Episode with Adam Parks and EverChain

Receivables Roundtable EverChain: Rebranding

Curious to learn more about EverChain, why they rebranded, and what’s ahead? Watch Receivables Roundtable Founder, Adam Parks’ engaging chat with Matthew Wratten, CEO and ★ Daniel Green ★, Chief Revenue Officer at EverChain. You’ll hear interesting nuggets for issuers, debt buyers, and collectors alike in this episode. Learn more in this episode of Receivables Roundtable!

Subscribe to Receivables Info, follow #ReceivablesRoundtable, and don’t miss an episode as they sit down with accounts receivable industry notables to discuss topics, trends, and emerging issues that are important today.

View the episode here:

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EverChain's Thought Leaders Speak at RMAI

EverChain is excited to announce that two of our thought leaders are participating in session presentations at the 2022 RMAi Annual Conference. Session descriptions are listed below for our presenters. We hope that you will stop by our Booth #219 to meet the EverChain team, and attend the speaking sessions that Brooke Teal and Jenn Wilson are participating in.

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