Those of you who have outstanding claims in the LFC/Mercury bankruptcy may have received letters from a factoring company wanting to buy your claims at $.30 on the dollar. I believe these claims maybe worth more and based on research of similar cases that other companies will soon jump into the game making offers at .40-.50 on the dollar.
Should be interesting. Just remember that if someone buys your claim it is because they believe they can make money off of it. I may ride mine out until the bitter end since I've already waited this long.
Just a heads up.
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