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Updated over 4 years ago,
Market for Unsecured Notes?
Total shot in the dark but is anyone aware of any buyers interested in nonperforming unsecured notes? I had my former tenant execute a promissory note for missed rent upon move out in exchange for withdrawing an eviction filing. The note is accruing interest at 8.5% and has about 3 years before the statute of limitations will require legal action to be filed. Not expecting much interest but you never know unless you ask.