Quote Originally Posted by J.Celifarco View Post
If the other company still has an open judgment will you still consider the file? Do you payoff the company that the merchant screwed over in the first place?
We like to see a satisfaction of judgement. If there's no SOJ we will either request payoff letters or investigate / find out what happened, why they defaulted, how much did they pay in, before they defaulted (if the merchant simply took money and blocked payments, we won't fund. If the merchant paid off 4 renewals and got screwed in the end.. that's a different story).