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Real Estate & Property Law

: The Home Equity Theft Reporter

Full Speed Ahead For Zombie Debt Purchasers, Despite Lacking Proof Of Actual Debtor Or Debt, Significant Paperwork

By r morris

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Scripps Howard News Service reports:For decades, credit-card companies and other firms would eventually give up after attempting to collect from deadbeat customers. Now, companies are packaging and selling many of those overdue accounts for pennies on the dollar to debt collectors. The collectors then aggressively pursue the debtors to repay, or they turn around and resell those same debts to

Full post as published by The Home Equity Theft Reporter on December 08, 2009 (boomark / email).

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