Bankruptcy Accounts: The “Junk Drawer” That’s Secretly Full of Money Bankruptcy Accounts: The “Junk Drawer” That’s Secretly Full of Money Every company has one. That pile of accounts nobody wants to deal with anymore. The bankruptcy pile. It usually gets treated like the office junk drawer — ignored, forgotten, and only opened when someone absolutely has to. But here’s the funny part: Some of those “dead” accounts are quietly generating real money. A lot of it. At Bankrupt Debt Services, we work with debt buyers who once thought bankruptcy inventory had little to no value left. Now? Those same portfolios are producing steady monthly recoveries simply because the accounts are being scrubbed, monitored, and managed correctly. And the numbers are not small. One portfolio alone involves more than 1.6 million accounts scrubbed every month — over $3 billion in inventory reviewed — and generated more than $1.4 million in payments over the last 12 months. Another portfolio processes over 1.2 million accounts monthly, representing more than $1.58 billion in inventory, with over $583,000 recovered during the past year. Even the “smaller” portfolios are pulling their weight. One group reviewing over 750,000 accounts each month and more than $773 million in inventory generated over $100,000 in payments in the last year. Total Recoveries Generated Over Last 12 Months: $2,092,924.12 Not bad for accounts people thought were going nowhere. The reality is that bankruptcy inventory is often one of the most overlooked opportunities in the industry. Most companies assume the money is gone. Usually, it’s just sitting there waiting for someone to actually look for it. What Bankrupt Debt Services Does ● Bankruptcy portfolio scrubbing and monitoring ● Purchase of bankrupt and deceased accounts ● Bankruptcy claims management and case tracking ● Chapter 7, 11, and 13 account servicing ● Electronic court filing and compliance support ● Bankruptcy portfolio liquidation solutions Let’s Talk If your bankruptcy inventory has been sitting untouched for months — or years — it may be worth a second look. There could already be recoveries hiding inside those portfolios. � � www.bkdebtservices.com jkoop@bkdebtservices.com � (800) 518-9248 — By Bankrupt Debt Services