Servicer and Protective Advances, Net

Servicer advances consist of principal and interest advances to certain unconsolidated securitization trusts to meet contractual payment requirements to credit owners. Protective advances consist of advances to protect the collateral being serviced by the Company and primarily include payments made for property taxes, insurance and foreclosure costs. Servicer and protective advances, net consist of the following (in thousands):



	Successor			Predecessor
	December 31, 2018			December 31, 2017
Protective advances	$	446,556		$	928,552
Servicer advances	35,629			49,106
Total servicer and protective advances	482,185			977,658
Less: Allowance for uncollectible advances	(41,688		)	(164,225		)
Servicer and protective advances, net	$	440,497		$	813,433

In connection with the adoption of fresh start accounting, the Company recorded adjustments resulting in a decrease to servicer and protective advances totaling $24.4 million at February 9, 2018, as further described in Note 2.

The following table shows the activity in the allowance for uncollectible advances (in thousands):



	Successor		Predecessor
	For the Period From February 10, 2018 Through December 31, 2018		For the Period From January 1, 2018 Through February 9, 2018			For the Year Ended December 31, 2017
Balance at beginning of the period	$	—	$	164,225		$	146,781
Fresh start accounting adjustments	—		(166,174		)	—
Provision for uncollectible advances	39,819		2,674			51,612
Charge-offs, net of recoveries	1,869		(725		)	(34,168		)
Balance at end of the period	$	41,688	$	—		$	164,225