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Why Chat / Selling debt / B4 & after CO


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Posted by Bob3 (68.95.154.241) on June 09, 2004 at 19:38:10:

Why Chat,

In reference to your post below about selling debts before and after charge offs as normal business and perfectly legal.

But isn't there a difference when the debt is not delinquent the buyer is really your new creditor.

But if sold after charge off, the buyer is still nothing more than a collector according to the FDCPA??

Thanks


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