A mail order gift catalog company in Maryland imported and sold specialty items mostly from France. Their sales plummeted when many American consumers stopped purchasing French products due to the political events of the Iraqi war and 9-11. This company shut down all operations two weeks after assigning 127 vendor claims in excess of $311,800.
American Finasco has negotiated and settled 109 claims to date saving the client a total of $155,278. After all fees and vendor payments have been completed.