The Riverside Promise: Cash Now.

If you have a valid claim against a corporation in financial difficulty, you should call us immediately.

Those who sell such claims may benefit two ways: 1. Getting cash quickly for the claim, and 2. Obtaining the ability to possibly write off the balance immediately.

Please note: Generally speaking, the IRS allows an immediate tax write-off on the balance of bankruptcy debts upon sale; you should check with your accountant or financial consultant regarding the potential benefits that may be available to you.

Riverside makes it simple: There are a few easy steps in the process, and Riverside will be glad to assist with each step.

When the process is complete, you will promptly receive a check from us via FedEx. At that time you may be able to write off the full difference between what we pay you and the total amount of your claim.

Many claims linger in court, often for years. During that time you will probably receive no payments. Typically, the bankruptcy court allows no funds to be distributed on account of pre-petition claims until either a reorganization plan is confirmed or the case is finally closed. Equally important, you usually cannot write off your loss until the bankruptcy process is completed and it is finally clear that you have sustained an actual loss. This is true even if it becomes clear early in the bankruptcy case that unsecured creditors will receive distributions equal to only a small fraction of their claim.

But we pay you cash up front. Fast.

Cash in your hand and a possible immediate tax write-off. That's the Riverside Advantage.

 

© 2004 Riverside Claims LLC