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    f debt is sold as opposed to being outsourced to collection agencies.

    The concept of the market is simplistic itself. When credit granters no longer want to own their charged off debt, they sell t

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    The concept of buying and selling charged off receivables dates back decades. Until recently it has been so much in the shadow of conventional contingency placement system as to be virtually invisible. Ask yourself, have you ever heard of this business? So now suddenly there is an open market for bad debt,complete with a variety of sellers, several tiers of buyers and even a layer of brokers and middleman.

    The selling of debt is measured in paper with a face value of tens of billions of dollars, on a yearly basis. Most of it sells at huge discounts , typically pennies on the dollar. It is reshaping the face of the credit and collections industry. As the debt buying and selling growth rate of the past few years accelerates, the trend continues to develop into a force in which the majority of debt is sold as opposed to being outsourced to collection agencies.

    The concept of the market is simplistic itself. When credit granters no longer want to own their charged off debt, they sell th

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    Ask yourself, have you ever heard of this business? So now suddenly there is an open market for bad debt,complete with a variety of sellers, several tiers of buyers and even a layer of brokers and middleman.

    The selling of debt is measured in paper with a face value of tens of billions of dollars, on a yearly basis. Most of it sells at huge discounts , typically pennies on the dollar. It is reshaping the face of the credit and collections industry. As the debt buying and selling growth rate of the past few years accelerates, the trend continues to develop into a force in which the majority of debt is sold as opposed to being outsourced to collection agencies.

    The concept of the market is simplistic itself. When credit granters no longer want to own their charged off debt, they sell t

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    The selling of debt is measured in paper with a face value of tens of billions of dollars, on a yearly basis. Most of it sells at huge discounts , typically pennies on the dollar. It is reshaping the face of the credit and collections industry. As the debt buying and selling growth rate of the past few years accelerates, the trend continues to develop into a force in which the majority of debt is sold as opposed to being outsourced to collection agencies.

    The concept of the market is simplistic itself. When credit granters no longer want to own their charged off debt, they sell t

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    shaping the face of the credit and collections industry. As the debt buying and selling growth rate of the past few years accelerates, the trend continues to develop into a force in which the majority of debt is sold as opposed to being outsourced to collection agencies.

    The concept of the market is simplistic itself. When credit granters no longer want to own their charged off debt, they sell t

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    f debt is sold as opposed to being outsourced to collection agencies.

    The concept of the market is simplistic itself. When credit granters no longer want to own their charged off debt, they sell the rights to the debt to another party (you) which will then hire it out for collection to an agency. The age of the paper ranges from early development of delinquency to being several years delinquent, which is all good in their own class. Credit card issuers have been the leaders in the bad debt market.

    Even more diverse are the buyers of the charged off accounts. Some are the traditional collection agencies, trying to diversify their operations by adding some debt they own to their contingency work for clients. Some are collection attorneys. And then there is, the private investor which will be brought into this industry through a very special business opportunity. Over a quarter of the buyers are private investors with no experience in collections. Most of the investors negotiate with c

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