Diminishing returns, cost to collect, propensity-to-pay scoring, post-sale support, documentation evaluation, system preparation— All this and more is why debt sale training can be necessary and useful for creditors entering the debt sale process. In this episode, Receivables Roundtable Founder, Adam Parks talks with Mike Walsh, VP of Business Development at EverChain, about why educating creditors is a huge piece of the puzzle of assisting creditors in the process of debt sales and long-term post-sale support.
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About Company
In 2012, EverChain was born out of the recognition that the debt sale and placement marketplace for default debt portfolios was riddled with inefficiencies and regulatory challenges.