Banking Veterans Michael Balan, Eric Toth Launch Asset Resolution Trust (ART) To Facilitate Swift, Confidential Sale Of Nonperforming Notes

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Asset Resolution Trust (“ART”), a cutting-edge financial institution founded by accomplished banking veterans Michael Balan and Eric Toth, has emerged as a trusted partner for banks, life companies, debt funds, and other lenders seeking to divest nonperforming notes with efficiency and confidentiality.

ART aims to provide a seamless platform that enables the expedited sale of these assets at, or near, par value, offering significant value to both sellers and buyers.

Backed by decades of collective experience in the banking industry, Balan and Toth have recognized the need for a specialized entity focused on swiftly resolving nonperforming notes, ensuring optimal outcomes for financial institutions burdened with distressed assets. Their extensive knowledge and comprehensive understanding of the financial sector uniquely position ART to address the challenges associated with the sale of such notes.

By leveraging their expertise and industry relationships, ART is able to streamline the process of selling nonperforming notes discreetly, minimizing disruption and protecting the reputation of the selling institutions. Recognizing that time is of the essence in these transactions, ART works diligently to expedite the sales process, allowing clients to recover capital quickly and efficiently.

“We are thrilled to announce the launch of Asset Resolution Trust,” said Michael Balan, Co-founder of ART. “Our mission is to provide a seamless, confidential, and swift platform that empowers financial institutions to divest nonperforming notes at or close to their par value. We understand the challenges faced by lenders and are committed to offering innovative solutions that drive optimal outcomes for all parties involved.”


Eric Toth, Co-founder of ART, added, “At ART, we recognize the importance of confidentiality and discretion in the sale of nonperforming notes. We prioritize the protection of our clients’ interests by facilitating transactions behind the scenes, enabling lenders to maintain their reputation while resolving distressed assets quickly and effectively. Our expertise and commitment to exceptional service will set us apart in this niche market.”

ART offers a comprehensive suite of services tailored to meet the unique needs of each client. From initial evaluation and pricing to due diligence and closing, the firm provides end-to-end support throughout the transaction process, ensuring a seamless experience and positive outcomes for all parties involved.