[태그:] UAMCO
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The Bittersweet Boom of Asset Liquidation Companies
Asset liquidation companies, also known as Non-Performing Loan (NPL) specialty companies, purchase distressed debts and land from financial institutions. They act as a ‘pawnshop’ for financial companies in need of immediate cash, acquiring assets that are non-performing loans (NPLs) with principal and interest payments overdue for more than three months. Such asset liquidation companies typically…