4 ms·
This should be regulated. If debt can be bought for 1/12 of the actual debt, that debt should be cut to that 1/12 as well!
by einrealist 12y ago
This should be regulated. If debt can be bought for 1/12 of the actual debt, that debt should be cut to that 1/12 as well!
- peteretep 12y agoWhy?
- hnal943 12y agothe discount reflects the likelihood of collecting any money, which is extremely low.
- kambo 12y agoThen nobody would want to buy it. Why would you buy something to resell or cash in on if there was no hope of making a profit? I still prefer this system to debtor's prison. It sucks that good people have bad luck and become vulnerable to things like this. No matter what the rules are, however, somebody will eventually game it.