bank visa debt purchased by debt collection company
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Posted by CDB
(68.54.1.216) on February 12, 2004 at 21:42:16:
a bad credit card debt has been charged off and purchased by a collections comopany in ny, what is the "normal" amount per $1K that such a company will purchase the charged off debt for? .25 on the dollar of total debt? .25 on the dollar of principal debt? etc???
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