Insolvency Investment Services-U.K. acquires Individual Voluntary Arrangements (IVAs), Company Voluntary Arrangements (CVAs), trust deeds, and bankruptcies from major retailbanks, credit card providers and other specialty finance providers.
We offer debt sellers competitive pricing and customized terms for both bulk and forward flow sales. Given the depth of our resources we are able to close transactions quickly and easily. Selling cases on a forward flow basis allows reliability in forecasting expected recoveries, while at the same time reducing exposure to these high-risk accounts.
Upon completion of the transaction, our U.K. team will carefully manage and control each stage of the accountholder's insolvency plan. A specialized third-party agent will manage the insolvency plan to its completion in a compliant manner and in accordance with our strict service level requirements.
Additionally, PRA's U.K. team maintains close relationships with all industry constituents such as insolvency practitioners, the insolvency service and regulatory bodies to ensure insolvency plans are managed in accordance with the terms of each plan,in addition to staying abreast of industry trends.
PRA Group Insolvency Investment Services – UK
40 Queen Street
London EC4R 1DD