While 86% of the nation’s largest credit grantors sell contractual charged-off debt, only 14% are active sellers of deceased account debt, ac¬cording to a recent study. Further, while the majority of creditors not selling deceased debt are willing to consider it (75%), the prospect of selling deceased debt raised concerns about brand risk and obtaining a fair price.
Download the FREE Deceased Debt Sales Report now!
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Based this recent study, most large credit grantors are reluctant to sell deceased debt. The main reasons? Brand risk and pricing concerns. If you are interested in selling deceased debt, our executive brief will help you understand other credit grantors' concerns about selling and three questions to consider before signing a sales contact.
Download the Deceased Debt Sales Executive Brief and gain valuable insight on the state of the deceased debt sales market.
A company’s brand is one of its most valuable assets. As many of the survey respondents recognized, the sale of deceased debt can present serious risks to their brands. The reason is that unlike traditional debt, where the account holder is living, there are unique risks involved in recovering deceased debt.
Download the Deceased Debt Sales Executive Brief and learn about the greatest risks in recovering deceased assets:
Download the FREE Deceased Debt Sales Report now!
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