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California
Litigation Connection
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Both national retail
chains and their private-label credit card partners that
have a significant presence in California, are well
aware that California is the perennial leader in
consumer bankruptcy filings. Based on its location in
the Central District of California, the highest volume
bankruptcy district in the nation, Bankruptcy
Receivables Management (“BRM”) is well positioned to
aggressively pursue creditors rights in a high volume of
bankrupt accounts in California that are routinely
abandoned by these credit grantors or by the “national”
law firms or other service providers that represent
their interests in bankruptcy cases, but are unwilling
to hire California counsel to litigate when needed.
BRM’s California Litigation Connection provides its
clients with cost-effective legal representation both in
Bankruptcy Court and in State Court in all jurisdictions
throughout the state of California. In many cases, this
work is performed on a “no recovery, no fee” basis, so
there is no down side financial risk to the creditor in
allowing BRM to service accounts that would not be
pursued otherwise. In addition, BRM’s California
Litigation Connection is a convenient way for consumer
credit grantors to join together in the same legal
proceeding to improve their chances of success,
particularly in bankruptcy fraud cases, where consumer
debtors often exhibit a pattern of loading up on
multiple credit card accounts (with cash advances and
luxury goods and no intention of repaying these loans)
in advance of their planned bankruptcy filing.