Purchasing of (old) balances and debts
In some cases JARK will purchase debts. This is done through a so-called quitclaim deed. JARK becomes owner of the debt and collects it for their own account and risk. The main benefit is that funds become available short-term for beneficiaries. Such a transaction, as far as it concerns the acquisition price and other terms and conditions, will of course be carried out in consultation.