Lazarus Funding is the premiere private equity fund specializing in the acquisition, management and disposition of liens and properties which are in Chapter 7 Bankruptcy estates across the country. We relieve secured creditors of the burden that Chapter 7 bankruptcies place on the balance sheet. We purchase the liens (notes/trust deeds) so the current creditor is free to make new performing loans.
After a short due diligence period, Lazarus Funding closes the lien purchase with cash. Whether it's one lien or one hundred, Lazarus Funding will perform.
In addition to purchasing chapter 7 liens, Lazarus Funding provides loans to payoff first liens in order to stop foreclosures. This loan facility allows bankruptcy trustees the time needed to liquidate assets in an orderly manner, thereby preserving funds for unsecured creditors. The first lien is paid off, then a settlement agreement is entered into between Lazarus Funding and the bankruptcy trustee. Call for details.