SERVICES

Asset and Claims Servicing
Value Recovery Group serves numerous government agencies and the real estate and financial services industries with strategic asset management and disposition services, special loan servicing, and export claims servicing. For HUD Office of Multi-Family Housing Assistance and Restructuring, VRG and RER Solutions, LLC (Herndon, VA) service all of the second mortgages and contingent repayment notes secured by restructured Section 8 multi-family projects. VRG and RER are also the exclusive contractor on claim processing and servicing for the Export-Import Bank of the U.S..

International Recovery Services
In April of 2004, VRG founded Global Recovery Group, LLC, which has an exclusive contract with The Export-Import Bank of the United States for the recovery of claims under $20 million excluding long-term guarantees.

Merchant Banking
VRG is currently collecting on debt held in its own portfolio. We have a strong network of collection law firms, investigators, fraud examiners and asset managers serving the world, in all jurisdictions.

Investigative Services
VRG’s investigative professionals strategically use technology to reconstruct the paper trail that captures mined information and then identifies and utilizes new information to optimize recovery. VRG has developed its own search methodologies, which consistently enhance collections. VRG’s research, investigative and asset management capabilities are some of the key reasons why we enjoy the highest collection results in the United States for the FDIC.

Brownfield Development
VRG, along with the help of other partner operations, has created an organization dedicated to the revitalization and redevelopment of areas known as “brownfields.” This venture is geared to cleaning up abandoned industrial properties, landfills, railfields and waste disposal sites. The brownfields are then transformed into productive real estate, which not only offers new development opportunities, but also addresses major environmental concerns.

The Ohio Attorney General
The Ohio Attorney General’s Office (the “OAG”) is the repository of archived debt which is comprised of unpaid claims and taxes owed to the State Treasury on behalf of 130 state agencies. These are distressed receivables and are between four and forty years old and have been deemed uncollectable. VRH is the sole contractor to the OAG to collect upon this multi-billion dollar portfolio.

VRH has created protocols for collection, settlement, litigation and closure of these files, establishing standards of diligent review which provide the OAG with a high level of comfort in VRH’s decision-making process. VRH’s skill and patience in pursuing all possible avenues of collection services provide not only higher than expected recoveries, but also the added value of providing the OAG with final and complete resolution of all related archive debt.

Our collection and compromise methodologies and approaches are exemplary and are being viewed as “Best Practices” by the Ohio Department of Taxation, the Ohio Bureau of Workers Compensation and the OAG. Given this current activity with the state of Ohio, VRH is one of less than 20 approved GSA contractors that currently are active in the collection of state personal, corporate and other forms of income tax.