Discharge Chapter 7 bankruptcy Huge Deposits
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  1. #1
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    Discharge Chapter 7 bankruptcy Huge Deposits

    Looking for somebody that can fund discharged bankruptcies. Merchant does a lot in deposits, also has a position he is performing with .

  2. #2
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    I will rock this one out for you if their daily balances are strong, revenue is consistent, and they are paying their first position without any issues. Feel free to reach out if I can be of any help.

  3. #3
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    Quote Originally Posted by Anthony@yellowstone View Post
    I will rock this one out for you if their daily balances are strong, revenue is consistent, and they are paying their first position without any issues. Feel free to reach out if I can be of any help.
    Have done a few discharges through Yellowstone!

  4. #4
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    Thanks for the response , merchant has balance with yellow.

  5. #5
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    Quote Originally Posted by showtime73 View Post
    Thanks for the response , merchant has balance with yellow.
    Lol they all do!

  6. #6
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    Discharge Chapter 7 bankruptcy Huge Deposits

    that's a true statement they are everywhere.

  7. #7
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    Gibraltar will do discharged BK's as long as everything else looks good.

  8. #8
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    Quote Originally Posted by showtime73 View Post
    Looking for somebody that can fund discharged bankruptcies. Merchant does a lot in deposits, also has a position he is performing with .
    depends. depends. depends.

    Discharged BKs can be a great thing or a terrible thing for a UW standpoint. A lender really needs to open up the file and look at it on a case by base.

  9. #9
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    How long ago was it discharged?

  10. #10
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    We have done them many times but must be cc split and we must be first position
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  11. #11
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    Discharge Chapter 7 bankruptcy Huge Deposits

    discharged 4 years ago.

  12. #12
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Anyone should be able to fund that

  13. #13
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    Quote Originally Posted by Funder Mark View Post
    Anyone should be able to fund that
    Agreed, unless the op meant dismissed instead of discharged. Even then only the top A paper guys would baulk.

  14. #14
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    Cresthill/Mantis. will fund this scenario ....
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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