Say goodbye to bad debt.
Sell all your bad debt for 15% or more than now, guaranteed for at least 12 months.
DebtProtect is the first-ever bad debt purchase program. We purchase your bad debt at an agreed-upon rate as soon as your defaulted resident moves out.
One-time Upfront Payment.
Don’t wait years to recover bad debt. We purchase your debt in a one-time upfront transaction for every case.
Guaranteed Purchase Rate.
We guarantee you a fixed purchase rate for 12 months, no matter what.
Higher Recovery.
Our purchase rate is at least 15% higher than your current collection agency’s recovery rate, which can save you hundreds of thousands of dollars across a portfolio.
Bad debt is at an all-time high and collections are at an all-time low.
The #1 reason landlords choose DebtProtect is because delinquency is rising steadily and collections are reaching the lowest levels since 2005. Unlike traditional collection agencies, DebtProtect delivers higher recovery rates, guaranteed recovery, easier accounting, and time savings.
Minimum increase in bad debt recovery with DebtProtect.
We make selling bad debt a breeze.
Provide a recent collection report (if available).
Receive a proposal with the guaranteed recovery forward rate and a rate for a one-time purchase of existing bad debt.
E-sign our simple Residential Debt Purchase Agreement.
Price your bad debt today