Experience
Home Past Sales Experience

 

About our principals:

 

Tim Kirkpatrick
A seasoned professional with over 35 years experience in the financial services industry, Mr. Kirkpatrick is President of LoanTrade Inc., a firm that specializes in the sale of non-performing and charged-off consumer loan portfolios. Since 1990, Mr. Kirkpatrick has been widely recognized as one of the nation's leading loan sale advisors.

As principal and broker, Mr. Kirkpatrick has personally managed the sale of over $21 billion of charged-off credit cards, personal loans, auto loans, utility accounts and real estate deficiencies, as well as over $5 billion of consumer and residential mortgages.

An innovator, Mr. Kirkpatrick introduced the forward flow sale method to the debt sales marketplace and conducted the first sale of this type in 1991. In 1995, he implemented the industry's first on-line auction of charge-off portfolios (the PAMEX). In 2000, he introduced and sold $66 million of Optional Purchase Contracts (OPCs) and has has received a U.S. patent for the process.

Kim Norris

With over 22 years of institutional and business operations experience, Ms. Norris joined LoanTrade in 2000. Since then, she has managed the sale of over $6 billion in charged-off telecommunications accounts, making her that industry's leading debt sale advisor.

From 1992 she was a senior market operations executive in the telecommunications industry, working for Nextel and Motorola in both the U.S. and Latin America. Previously, she held senior research and finance positions at the 10th District Federal Reserve Bank and University of California.

 


 

 

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