Residual assets are assets that are held by Federal Receivers or Bankruptcy Trustees. Argo Partners, as a purchaser of such assets, offers a customized solution for each circumstance. Argo is a willing and able buyer at all points in the timeline of a case but most sellers find Argo Partners’ services helpful towards the end of a case.
Argo Partners believes that its involvement provides real economic benefit for all stakeholders. Creditors of the receivership or bankruptcy are able to receive distributions in a more efficient manner. Receivers and Trustees can monetize assets that either have a “long tail” or need a cash infusion. Argo Partners’ purchase replaces the slow “burn” of cash that accompanies passive asset monetization with efficient realization of value. We consider this to be a “win-win” for both Receivers/Trustees and creditors. Argo Partners purchases the following types of assets:
If you are interested in learning more about out Residual Asset Purchase Program please contact Scott Krochek
Phone: (212) 643-5443