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Receivables

Asta Funding Acquires US$490 Million of Distressed Consumer Receivables

Asta Funding, Inc., a leading consumer receivables asset management and liquidation company, today announced that the company has acquired three distressed consumer receivable portfolios totalling US$490 million. All of these portfolios contained distressed consumer credit card receivables and were purchased...

SunTrust Receivables Capital Management Opens Office

SunTrust Banks, Inc. today announced that its Receivables Capital Management unit, formerly known as SunTrust Bank Factoring, has opened a…


UN Legal Committee Praise UNCITRAL’s Draft Converntion on Assignment...

Speakers at the United Nations General Assembly’s Sixth Committee (Legal) unanimously expressed appreciation for the notable breakthroughs of UNCITRAL in…

#assignment of receivables#insolvency#international


Asta Funding Reports Acquisitions of Finance Receivables

The financial services company, Asta Funding Incorporated today reported that Asta Commercial, LLC, a wholly owned subsidiary of the company,…

#financial services#funding#i


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