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To: Terry Mross
I don’t think the “collection” companies will buy this worthless paper even for only pennies on the dollar.

You'd be surprised. I moved about 2 1/2 years ago, and got a new phone number to go with the house. Apparently the prior owner of the phone number (who had never lived at the house) was a real deadbeat. I'm still getting debt collection calls, although they've been dying off of late. Her debt must have been resold, at ever lower rates, to a bunch of collection agencies.

16 posted on 10/19/2008 3:31:45 PM PDT by Pearls Before Swine (Is /sarc really necessary?)
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To: Pearls Before Swine

Those people already bought the debt and they’re trying to collect anything they can. There won’t be any buyers for this new debt.


18 posted on 10/19/2008 3:50:29 PM PDT by Terry Mross (O)
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