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Can you buy your own debt? I assume you can’t actually buy your own debt, only buy debts in aggregate. How can a creditor have any moral claim to $1 when the
by gorgoiler 6y ago
Can you buy your own debt?
I assume you can’t actually buy your own debt, only buy debts in aggregate. How can a creditor have any moral claim to $1 when the note traded for 4¢?
Does this give me an incentive to purposefully wait until the debt collectors show up, and then offer them 5¢?
- chordalkeyboard 6y agoyeah, you make them an offer. I've negotiated several debts. Its easy, they usually make it clear what they are willing/able to do. I paid one at 30% and one at 50%.
- Dirlewanger 6y agoHow bad did your credit score get wrecked?
- chordalkeyboard 6y agoI wasn't the type of person to record those details, sorry :)