Assignment and Transfer Process
Cedar Glade Capital, is both simple and nimble in its assignment process, fostering a painless process for the transferor. The process is broken down into 5 easy steps.
- Cedar Glade makes contact with a creditor, indicating a bid for the rights to a given claim.
- The creditor and Cedar Glade agree on purchase price, and Cedar Glade sends the creditor the Assignment Agreements.
- Creditor signs agreements and returns them to Cedar Glade Capital.
- Cedar Glade initiates its due diligence and processing.
- Cedar Glade pays creditor in full.
Transactions are typically completed within a week, and Cedar Glade generally pays within 72 hours of receiving the signed Assignment Agreements from the creditor.