Register

Charge-Offs

Compliance is the key to success in charge-off sales.

Our process gives buyers and sellers comfort and Garnet a dominant market share.

“The Garnet Way” is a guide through the sale process (and beyond) that incorporates OCC and CFPB Guidance.

What Clients are Saying

"Our risk assessment found zero findings. That’s a first for us!"
Top 10 Bank – Vendor Approval Department
"The whole Garnet team has been outstanding, I have and will continue to recommend you."
Chief Risk Officer – Consumer Finance Company
"As a first time seller … Garnet did an excellent job guiding us."
President – Nonprime Auto Lender

$20,000,000*

Commercial Charge-offs

$2,000,000,000*

Auto Charge-Offs & Bankruptcies

$6,000,000,000*

DeVille Asset Management

$20,000,000*

Secured BK Accounts

$800,000,000*

Student Loan Charged-Offs

$40,000,000*

Consumer Charge-offs

$450,000,000*

Consumer Loan Charged-Offs

$270,000,000*

Consumer Loan Charged-Offs

$350,000,000*

Consumer Loan Charged-Offs

*multiple transactions

What Differentiates Garnet?

Experience
  • Over $100 billion in closings
  • Seasoned sales team
  • Familiar with buyer model inputs
Analysis
  • Deep dive analytics
  • Presentation from buyer’s viewpoint
  • Data validation to address compliance
Closing
  • Continual focus through final negotiations and close
  • Final reconciliation and settlement statements
  • Post-Closing Desk Reference

What are the Critical Factors in Charge-Off and Bankruptcy Sales?

Information
  • Data file confirmation
  • Offering tells the portfolio "story"
  • "Clear, Concise, Correct" presentation
  • Third party info appends add value
Pooling
  • Pools constructed for buyers
  • Sales team schooled in value
  • Full market coverage
  • Creates price transparency
Closing
  • Track portfolio changes
  • LSA negotiations
  • Guided by current compliance environment
  • Confirm settlement statements

Case Studies

$100,000,000,000

Charge-Offs (Auto, Student, Credit Card, Unsecured)

View Case Study

$814,000,000

Collateral Liquidation Charged-Off Credit Cards

View Case Study

$100,000,000

Consumer Charge-Offs

View Case Study
Copyright 2026 Garnet Capital Advisors, LLC