Mr Cooper Group Inc (COOP)

[jackson227]

They are buying claims (debt) not shares.


"If your business is owed money by a company in bankruptcy, liquidation or other distress, Hain Capital Group ("HCG") can purchase your claim, provide you immediate cash and relieve you of the burden of managing the claims process. HCG is a principal purchaser of distressed and bankrupt customer receivables, charge-offs and other types of bad debt including damages arising from lease and other executory contract rejections in bankruptcy.

One of the world's leading buyers of bankruptcy trade receivables, HCG makes the process fast, uncomplicated and transparent. We deliver as promised — creditors are paid within five business days. "

http://www.haincapital.com/